3 ms·
the thing most people don't realize about capital gains is that the same profit was also subject to a 35% corporate income tax rate. Recently the top capital ga
by viggity 14y ago
the thing most people don't realize about capital gains is that the same profit was also subject to a 35% corporate income tax rate. Recently the top capital gains rate on dividends went from 15% to 44.6% (nearly a 300% increase!). That means that of every hundred dollars a company makes in profit, the government can take 35 + 44.6 = $79.60. Am I the only one that this that this is crazy?