Thursday, March 8, 2012

Tripling Dividend Tax Rates — Crazy and Stupid

SEE HERE It isn't enough that American Corporations pay higher taxes on their profits than almost anywhere else in the world, but then the dividends paid out of those profits are taxed a second time and not that tax is expected to triple. This is not only crazy but stupid. It drives companies out of the United States and it drives investment capital out of the United States. If the purpose of the administration is to crush the American economy this is one more way of accomplishing that end.

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