Re:Washington state approves capital gains tax
by mattmcknight on Friday April 30, 2021 @01:46PM
(#26996785)
Double taxation is more about how if if I own a c corp it pays a tax on profits, and then distributes that remainder of that profit to me and I pay the dividend tax on the same money. Thus the corp tax + the dividend tax should be close to the individual tax rate. When they aren't, you are tax advantaged to run an s corp.
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