Three Fact Checks on Myths About Millionaires and the Taxes They Pay - Roosevelt Institute
and i'm pretty sure dividend income should be taxed at the same rate as any other income.
Then don't tax corporate profits, because that's where dividends come from, and the government already got their taste on that money.
that's idiocy.....
seriously.
taxes are paid as income comes into the hand of the recipient.
not the predecessor of the recipient.
do you not understand that corporate profits are taxed? Then the dividends are taxed again when the shareholder gets them. Its double taxation.
Why do you think corporations are moving out of the USA? any idea?
answer: unions and taxes.
Not much evidence Corporations are moving out of the US because of taxes. Mostly because corporations classify themselves as pass-through entities or S-corporations, which avoid the double taxation and pass on their tax either through the owners or the shareholders.
the US corporate tax rate is 35%, in Ireland its 11%. where would you set up a company?
The U.S., There is a much larger market.