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No, it absolutely makes no sense to me. Dividends are taxed as income, capital gains is taxed at different rates.
by epistasis 4y ago
No, it absolutely makes no sense to me. Dividends are taxed as income, capital gains is taxed at different rates.
- fooker 4y ago>Dividends are taxed as income. Exactly, you either supplement your income with it or retire early and replace your income with it. There are whole generations of people doing this.
- jmillikin 4y agoIn the USA, dividends may be taxed at the capital gains rate depending on the company (Intel qualifies) and how long the position has been open. https://www.investopedia.com/terms/q/qualifieddividend.asp https://www.investopedia.com/terms/q/qualifieddividend.asp
- epistasis 4y agoAha, thank you, this is exactly the reason.