Dividends

Doug Henwood dhenwood at panix.com
Mon Jan 6 09:32:29 PST 2003


Jordan Hayes wrote:


>I understand why dividends aren't expensed. Can anyone shed some light
>on why dividends are taxed in the first place?

At the personal level? Why not? They're income. Should the Ford family pay no income on dividends from the family business?

Doug



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