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Response to HiPointDem (Original post)

Mon Oct 1, 2012, 09:56 PM

3. Capital Gains Tax is never taxed at the corporate level

That is a tired old argument on why Corporate Dividend payments to shareholders should be taxed at a lower rate. But since so many corporations pay no tax that is also a canard.

Capital Gains Tax is earned when the value of something (such as stocks) go up and a profit is realized. It involves something you already own. There may be correlations between profitability, dividends, and so forth, with the value of a corporate stock, but it never involves direct taxation of stock price gains.

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HiPointDem Oct 2012 OP
pnwmom Oct 2012 #1
Vincardog Oct 2012 #2
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cojoel Oct 2012 #3
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