Re: Tax Bill
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Disagree. In the case of dividends, its an example of double-dipping by the government. First they tax the corporations, Then they tax the after-tax distributions. Either make dividends tax exempt, or eliminate the corporate income tax.
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What about my income that I get from working at the corporation? The corporation's income is taxed, and then the money they give me for working there is taxed. That's double-dipping too, right?
I don't see a big difference between the investors in a corporation and the workers in the corporation (from a tax perspective, that is).
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Not quite right. You are paid for your time and effort. The cost incurred by your employer for your services is not taxed at at the corporate level. Your labor is part of the cost the corporation incurs to produce profits.
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