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by microcolonel
3238 days ago
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> Just tax money a bit when it gets distributed to shareholders. Well, that would factor in as a depression of dividends for all stocks; that would only reduce the value of holding stocks, sounds like it would backfire tremendously. Then you have the issue of whether or not to tax dividends to foreign-held stocks: if you tax disbursements, it would compound some countries' taxes and ultimately reduce the value of holding american stocks; if you don't tax foreign disbursements, then the people you're looking to tax would set up their holdings somewhere without a dividend tax. I'm wondering how you think this could work. |
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So the tax on dividends would just serve to cover the gap, not the full amount.