The "original distribution" is not taxed twice. It's not even taxed once. The PROFIT (not the revenue) is taxed one time, and only one time. If you don't want to pay a divident tax, you can avoid it very simply. Simply don't accept the dividend. Tell the corp to keep it and re-invest it to build the business.
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes
And once again, TD has resorted to posting fiction, even though it's been explained that the corp is taxed once, and the stockholder is taxed oncewe understand why the big government types try to justify this double taxation
but the fact remains
the same pool of money is subjected to TWO CUTS by the government and since you want the tax on dividends to be the same as earned income tax (40% for people like me) that means the GOVERNMENT takes more than 60% of that pool of money
you can pretend its different entities BEING taxed but it is the same ENTITY TAKING the money
You can spew that you EXPLAINED IT and you still cannot figure out that this does not JUSTIFY such parasitic activity
Now I will EXPLAIN to you that I am tired of being told that its OK for the government to take that much money to make those who don't have the skill or productivity to actually invest money feel better