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Fred J. McCall wrote:
No Peter. Apparently everyone but you understands that the dollars originally invested HAVE ALREADY BEEN TAXED. Apparently everyone but you understands that the dollars with which a company pays dividends HAVE ALREADY BEEN TAXED AS CORPORATE INCOME. http://en.wikipedia.org/wiki/Double_taxation So what? It is an excise tax on the corporate form of governance. Totally voluntary in return for the colossal economic advantages of a corporation. Free country If you don't want to pay it, don't be a corporation Vince |
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