Quote:
Originally posted by taxwonk
Actually, Paris and Nick will pay jack shit. They'll hold on to the stock and live off the dividends, which thanks to GWB are now taxed at a lower rate than the tax paid by a single mom working at McDonald's.
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Many retired business owners get paid in dividends as part of the buyout of the shares of their interest in the business. If you raised the rate on dividends sharply, you'd hurt a lot of people. You'd also make it more difficult for people to sell their businesses.
