Re:Show HN: An index of all monthly dividend stocks
by memling on Sunday July 09, 2023 @12:52PM
(#36656126)
Dividends are taxed twice: once as profit to the company issuing the dividend and once when the recipient receives it.
Re:Show HN: An index of all monthly dividend stocks
by venusenvy47 on Sunday July 09, 2023 @01:19PM
(#36656413)
Isn't this the normal cycle of money? Continuing the example, the recipient spends some of this dividend money at Starbucks and pays sales tax. Then Starbucks pays income tax on the money and the cycle repeats.
Re:Show HN: An index of all monthly dividend stocks
by s1artibartfast on Sunday July 09, 2023 @01:51PM
(#36656907)
Yes, money keeps being taxed but the number of tax events changes depending on the path the money travels. It can have more or fewer taxable events.
What do you mean by this? Qualified dividends are taxed at long term capital gains rates, which is an enormous advantage compared to nearly all other forms of income.