Originally Posted by
Columbia
I've made thousands of dollars in dividends over the past 20 years of which I only paid 15% tax on. In the grand scheme of things, it's probably not fair to someone paying much more than that in Federal, state, and Medicare.
Dividends typically come from stock ownership. if you own stock you own part of the company. The company pays taxes on its profits, and dividends are some of those profits that have already been taxed. You're paying way more than 15%. You're just looking at the side of it that shows up on your 1099. It's more than fair, no matter how Warren wants to paint it to get his back scratched.