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Friday, October 15, 2004

Click Here For BalancedPolitics.org - Dividend Tax Cut (Pros & Cons, Arguments For and Against)

BalancedPolitics.org - Dividend Tax Cut (Pros & Cons, Arguments For and Against): "When corporations earn an annual profit, they must pay a corporate tax to the government. However, when the remaining corporate profit is distributed to the individual shareholders, it is once again taxed. Thus, you have in effect a 'double taxation' of the same income. President Bush was able to drastically reduce the rate of taxation on dividends. However, his dividend tax cut is only temporary and some say it should be eliminated altogether. "

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