I disagree. In 2000, (the most recent year for which data are published) there was $142billion of dividend income reported on 34 million individual income tax returns. That averages out to $4000/return or a probable savings of more than $1000 for someone in the 27% tax bracket. If you consider all returns, there were 129 million returns or about $1100 of dividend income per return. This is not a small number.But you are making the communistic assumption of flat income distribution :) In any case, in this sense it is actually more fair tohave corps have the tax deduction, so that the actual dividend is likely to be bigger (which benefits everyone, including people who havedividends accruing in a 401K or whatever) as opposed to pushing the tax benefit to individuals but leaving the actual amounts the same.--Foobarista
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra