When will the double tax on stock dividends and gains be removed such a pox.

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It’s un American and unconstitutional in Nature. Why does one who risks investment pay taxes on gains from monies already paid tax on?

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Ukraine bros need your money.........bro. Have you considered thinking of the chi'ren?

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When will the double tax on stock dividends and gains be removed such a pox.

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What double tax on stock dividends and gains?

Taxes on L/T capital gains, in most instances, are taxed at 15% and S/T gains and dividends are taxed as regular income.

Why, he would benefit the most from it? It’s just mind numbing how hard the government works to keep you from becoming successful is all.
The capital gains tax is the worst act of communist democrats ever.

An EO to remove this pox is warranted!

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What double tax on stock dividends and gains?

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You’re really not that dense are you?

Dividends are taxed each distribution. Meanwhile if the underlying security instrument appreciates over time when you sell that you’re taxed as well. Never mind the fact you were already taxed on the dollars your earned to buy the stock and your estate will be taxed for at least the fourth time when you die and leave anything behind.


You’re right, it’s not double.

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What double tax on stock dividends and gains?

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You obviously have never had a basic finance class.

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What double tax on stock dividends and gains?

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WTF man?

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Also on old stocks you inherited when you move or cash them there’s that capital gains villain waiting to strike!

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If you inherited them you got a step up in basis.

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You never mentioned the 20% until now.

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It was my first post in this thread. Long term capital gains are taxed at 15% until you exceed $550,000 of income. Then they are taxed at 20%. His figures were not way off, as you claimed.

It’s a double tax in the sense that outside of a retirement account the money used to invest has already been hit with income tax. So then I take what’s left out it in the market and get a gain and pull it out it’s taxed again.

Fair argument that it’s double taxed and no short or long term gains should be taxed at all.

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It’s a double tax in the sense that outside of a retirement account the money used to invest has already been hit with income tax. So then I take what’s left out it in the market and get a gain and pull it out it’s taxed again.

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I see what you are getting at, but that's stretching the meaning of double taxation.

For example, you earn income and pay income taxes. That income is used to buy a home (property tax) or other goods (sales tax). That's not a double tax because each tax is on a separate transaction (e.g. earning income, then owning a house). Similarly, it isn't a double tax if the state and local governments both charge you a sales tax.

The best example of a double tax, imho, is someone who works in one state while living in another. In those cases (minus the tax exemptions and credits that exist to fix the situation) both states would have a claim to tax the income he made.

In your broader way of thinking, you are right that you are getting taxed more. I also think a capital gains tax is terrible.

I just don't think the term "double tax" is accurate.