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When you tax people directly, you recover money earned by people through corporate stock buy backs and dividends. Those are all taxable income.
by YokoZar 9y ago
When you tax people directly, you recover money earned by people through corporate stock buy backs and dividends. Those are all taxable income.
- bearjaws 9y agoYes but the goal of the bill (and any time someone brings up reducing taxes on corporations really) was economic grow, which never happened. Also capital gains tax is unfair to lower income individuals. We can invest money and afford to wait a year to see gains (and the obscenely cheap 15% tax rate). Most individuals cannot even invest, yet alone let their money sit for a year.