Forum Post: Dividends tax
Posted 13 years ago on Oct. 26, 2011, 9:44 a.m. EST by sam1234
(3)
This content is user submitted and not an official statement
Income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time.
Dividends and Capital Gains are not tax a much lower rate that money earned from salaries or profit from a small business. Dividends and Capital Gains is money made on money, why has the people of this country allowed this to happen? Money earned by a person hard work should be taxed lower than money made on money. We now have people in both parties wanting to do away with all tax on dividends and capital gains. Occupy wall street main goal should be to get the tax on Dividends and Capital gains changed at least to the same tax as salaries When the news media ask why you are protesting tell them you want the tax on Dividends and Capital gains to be the same as what you are paying on your Salary
It's called Risk Capital. Something you wouldn't know about but your boss would if you had a job.
I am retired and my income is from my retirement I worked for and capital gains but it is wrong that money I make on my money is tax so low while those work pay a lot higher tax.