Dear Sir, I think it would be incumbant upon you to learn what Morality is, before you spout your nonsense.

Top 1% Garner 16.9% of all income, but pay 36.73% of all income taxes Top 5% Garner 31.7% of all income, but pay 58.66% of all income taxes Top 10% Garner 43.2% of all income, but pay 70.47% of all income taxes Top 25% Garner 65.8% of all income, but pay 87.30% of all income taxes Top 50% Garner 86.5% of all income, but pay 97.75% of all income taxes Bottom 50% Garner 13.5% of all income, but pay only 2.25% of all income taxes

Part 3 However, the way it happens now is that the money will first be taxed as Corporate Profit at a rate of 35% thus making the distribution to the owners not $10,000.00 each but $6,500.00 each. That money is then added to their personal income as a Qualified Divident and taxed at the rate of 15% or $975.00 (with no personal deductions or exemptions) So the effective tax rate paid by a Shareholder of a corporation under Qualifying Dividends is 44.75%. That's higher than the rest of us pay. But because people only see the $975.00 everyone thinks they are getting away with a dodge. When in fact they are paying more than the rest of us. P.S. Buffet's Secretary makes over $400,000.00 a year.

Part 2 Example: A corporation with 100 Stockholders each owning 100 shares of stock (that is 10,000 shares of common stock.) The Corporation announces a Profit (after all expenses) of $1,000,000.00 to be distributed to the Shareholders. In a proper situation, each stockholder would receive from the corporation $10,000.00 to be added to their personal income and it would be taxed at the Marginal Rate of 35% or $3,500.00 in taxes would be paid on the Dividend. (subject to personal Deductions etc.)

Part 1 Point of note on Dividends and Capital Gains. When a sole proprietor owns a business he realizes a profit which is considered his personal income. After the expenses (the cost fo doing business) are established, what is left over is his income for his personal livelyhood. In a corporation the Stock Holder is the Owner, and the Profits are distributed to the owners in the form of Dividends which are taxed as Capital Gains. This is because the Corporation's profits have already been taxed as Corporate Profits and therefor the distribution of such is the distribution of already Taxed Money, making taxation of “Qualified Dividends” a Double Taxation.

but a family member could walk in and buy such a policy. And then they can decry the Insurance Company's Discriminating against them for their Loved One's Pre-Existing Condition of Dead.