Quote:
Originally posted by Penske_Account
These two are blatant double taxations. Why do want more tax? How about less tax and more efficient application?
As a side note: technically I am against alimony as a concept, so, since we are in a la la land anyway, let's assume alimony is outlawed in the Flat Tax Reform Bill.
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Dividends are only double taxation if you accept the argument that they should not be taxed at both the corporate and shareholder level. If corporations can no longer deduct wages, why should they, in effect, be able to deduct dividends? Either everything gets taxed in each taxpayer's hands, or nothing gets taxed in each taxpayer's hands.
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