Look there is no denying that dividends are taxed at the corporate level and at the investor level. Personally I don't see why they aren't deductible at the corporate level as are other business expenses. It would certainly encourage more dividend paying. But they should be taxed as regular income to the holder of the dividends. What would the net effect be? Probably not much.
Last edited by AdamT; 01-27-12 at 12:32 PM.
There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers