Ray251 Wrote:
Sep 24, 2012 2:15 PM
Cap Gains & Dividends should be 0 for other reasons. Say I invest money into XYZ company. Maybe it makes money, maybe it doesn't. There's risk involved & I could lose my investment, as opposed to my paycheck, where the only risk is if the check bounces. Secondly, say I'm lucky enough for the company to actually make a profit. These profits are already taxed at the highest rate in the world - 35%. If the dividends I might receive thereafter are taxed at the current 15%, it brings the effective rate to just under 45%. That's why the "Buffet Rule" is a myth. His secretatry doesn't take risk & pays less than 45%