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There's also the qualified dividend tax rate of 15%. This is justified by the fact that the corporation will be taxed on any income that is paid out as a divid
by btbuilder 14y ago
There's also the qualified dividend tax rate of 15%.
This is justified by the fact that the corporation will be taxed on any income that is paid out as a dividend. Therefore the effective tax rate on the income is the corporation tax plus the dividend tax rate.
- whackedspinach 14y agoIs the effective tax rate on the carried interest loophole just the 15% Arrington mentions, or is it also more? I ask because we can talk about capital gains tax rates and how low they are, but we should always talk about effective tax rates, in my opinion. That was why Subchapter S Corporations were created, I believe.