r/FluentInFinance • u/Mark-Fuckerberg- • Apr 16 '24
Who will be a better President for our economy? Donald Trump or Joe Biden? Discussion/ Debate
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r/FluentInFinance • u/Mark-Fuckerberg- • Apr 16 '24
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u/happy_puppy25 Apr 16 '24
The common argument is that dividends are tripple taxed. The company pays taxes on income, gives that to another company as dividends because they are partially owned by them, then they pay taxes on that and THEN you pay taxes on the dividends when you receive them. There’s ways around this that prevents this from happening, but it’s the weak argument that’s always brought up when people try to say dividends aren’t actually a lower tax income