3 ms·
Yes, but dividends are basically taxed at the same rate or slightly higher 20% as capital gains; they aren't taxed as earned income using the progressive bracke
by gnaritas 16y ago
Yes, but dividends are basically taxed at the same rate or slightly higher 20% as capital gains; they aren't taxed as earned income using the progressive bracket system. So while they aren't technically capital gains, my point stands.
- lubos 16y agoIn 1994 when Bill Gates started his private foundation, income from dividends was taxed like regular income. You're right it's 15% right now but don't forget there is new tax law coming into effect pretty much in two weeks that will tax dividends again like regular income.
- gnaritas 16y agoI wasn't aware the new law did that, but I'm pleased to hear it. Now if only they'd do the same with capital gains.