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Isn’t that a double tax? Taxed at buyback time, and taxed when shareholder cashes out and realizes their gain? Though I guess a small (10%??) tax could still ma
by brianwawok 7y ago
Isn’t that a double tax? Taxed at buyback time, and taxed when shareholder cashes out and realizes their gain? Though I guess a small (10%??) tax could still make buyback tax + dividend long term gains is still less than normal income tax.
- zaroth 7y agoTriple actually. Corporate profits tax, new hypothetical buyback tax, and then again as capital gains when the shareholder sells.
- take_a_breath 7y agoI pay taxes on my income, on my purchases, on my property and again on my property’s appreciation when I sell.
- frockington1 7y agoGet ready for the wealth tax, now the politicians will be able to grab you're money in the intermediate steps as well
- shantly 7y agoEverything's a "double tax", but people only care sometimes, for whatever reason.