I agree in principal, but unfortunately taxing dividends is a necessity in the defence against tax avoidance. Were the practice to be abolished I could see comp

I agree in principal, but unfortunately taxing dividends is a necessity in the defence against tax avoidance. Were the practice to be abolished I could see companies using this as yet another loophole; faciltiating avoidance of both corporate tax (siphoning all of their profits through dividends) and income tax (by making all employees minor shareholders).