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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (24740)	10/1/2012 5:45:43 PM
From: i-node	Read Replies (2) \| Respond to of 42652

>> Dividends and the like distributed from whatever money they have left are considered by some double taxation when the recipient pays income tax on those distributions. So, then, when employees pay income tax on what is distributed to them in the form of wages, that would also be double taxation. I couldn't make any sense of it. A small part of the article, but I just didn't know if I was missing something important. I don't see how employees are double taxed at all -- they receive their money it is taxed and that's that. The shareholders of corporations are, of course, double taxed unless they are S corporations, in which case they normally aren't.

To: Lane3 who wrote (24740)	10/1/2012 5:55:15 PM
From: TimF	1 Recommendation Respond to of 42652

since corporations pay income tax. Dividends and the like distributed from whatever money they have left are considered by some double taxation when the recipient pays income tax on those distributions. So, then, when employees pay income tax on what is distributed to them in the form of wages, that would also be double taxation. The shareholders are part owners of the corporation. They are being double taxed because their property pays taxes and then they pay the taxes on their share of the profits from the company. That argument works better with dividends then with capital gains. (But I've posted other arguments about capital gains Message 28419568 )