Buy custom shareholder's wealth
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 567 |
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In other words, the stockholder’s tax rate is approximately 75%! With the majority of Americans of the opinion that a 25% marginal tax rate is reasonable, a 75% rate is not reasonable4.
Numerous attempts have been made to reduce or eliminate this double taxation of income. However, government bureaucrats are not about to give up a lucrative source of tax revenue even though it may be inconsistent with an equitable tax system...
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However, government bureaucrats are not about to give up a lucrative source of tax revenue even though it may be inconsistent with an equitable tax system. For taxable investors in mutual funds, the problem is compounded by the treatment of realized capital gains5. Each year, mutual funds must distribute toshareholders as dividends the net realized capital gains of the fund...
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