Double taxation is a term used to describe the way taxes are imposed on corporate shareholders and on corporations. The corporation is taxed on its earnings (profits), and the shareholders are taxed again on the dividends they receive from those earnings.
There is a continuing discussion about the fairness of taxing dividends in addition to taxing the corporation; note that the corporation itself pays tax on its profits and dividends are taxed to the individual shareholders.
Corporate Double Taxation - Business Tax Law
Liberals - Punish the Successful, Reward the Unsuccessful
Liberals - Tax, Borrow, Spend, and Give Free Stuff
Obama's legacy - National Debt / Credit Downgrade / Obamacare Failure / Economic Failure / Foreign Policy Failure / Liar of the Year Award / The Rise of ISIS
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