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re: How do you respond to this Yahoo comment regarding short/long-term capital gains tax rate?
Posted on 12/19/17 at 8:55 am to rickgrimes
Posted on 12/19/17 at 8:55 am to rickgrimes
In the case of dividends there is a reduced rate because that income has already been taxed at the corporate level at 35% and then being taxed again when the money is distributed to the owners (shareholders) at 15/20%. Capital gains are taxed at a lower rate to encourage investment and economic growth.
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