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Old 03-06-2013 | 10:05 AM
  #124827  
Wasatch Phantom
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Joined: Apr 2008
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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.
But the money paid out from the corporation in the form of dividends has already had taxes paid on it! Why should it be taxed twice?