I am fine with eliminating double-taxation of dividends

[cthulu2016]

It's simple to do.

Make dividend payments deductible for the corporation and tax dividend income received by the stock owner at the corporate tax rate.

(The RW argument is that dividends have already been taxed at the corporate rate and are then taxed as income to the receipient. I am happy to shift the corporate tax rate to the receipient and not double-tax as income. But the 1% would squeal like pigs at my obviously fair proposal because it would mean that somebody was actually paying the corporate tax rate. God knows most corporations are not.)

[EC]

1. Well then what about the rest of us?

as employees we get taxed on income that had already been taxed as a b corp. tax. So that money is also double taxed.

[cthulu2016]

2. your wages are fully deductable business expenses

for the employer

[muriel_volestrangler]

3. Wage payments already attract employer and employee payroll taxes

that dividend payments don't; it seems reasonable to just say tax dividends at the same rate as wages, and leave it at that - each form gets an additional tax the other doesn't.

[Motown_Johnny]

4. F___ the right wing argument

Money can be taxed anytime it changes hands

The revenue received by corporations should be taxed (honestly should be taxed more).

The dividends paid to shareholders are income to them and should be taxed (possibly taxed more, I favor a progressive scale for taxing them similar to the income tax brackets we now have).

The RW argument in simply wrong. F__'em.

[ThomThom]

5. I have to disagree, when you recieve the money you get taxed

you are not a corporation so you should pay the personal income rate, which should be higher than money earned by working. When corporations make a profit they should be taxed on that also, no deduction. They could choose to reinvest also and still pay taxes, maybe at a lower rate but still pay. Just my position.