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It's a billion in dividends, not just portfolio growth. So it's a check for a billion bucks, with a special 20% tax rate. I couldn't care less about how much mo
by somenameforme 3y ago
It's a billion in dividends, not just portfolio growth. So it's a check for a billion bucks, with a special 20% tax rate. I couldn't care less about how much money somebody else has, but the inequity in tax rates is quite irritating.
- Bostonian 3y agoAn online source says that Microsoft has an effective 19% tax rate on its earnings, and dividends are paid from post-tax earnings. The argument for a lower rate on dividends is the avoidance of double taxation.