Comment by triceratops
13 hours ago
Qualified dividends (stock held more than 60 days) and long term capital gains are taxed at the same rate.
13 hours ago
Qualified dividends (stock held more than 60 days) and long term capital gains are taxed at the same rate.
At any given point in time for an individual yes, but your cap gains rate can vary substantially over time. Also trusts are taxed fairly punitively.
So it's still better for everyone since only those who need or want the income have to take it.
Good point, but that only applies to individual, not corporate shareholders.