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How Lower Tax Rates Bring in Higher Revenues

1 Comments | Posted in mi fast facts | By MacIver Institute | Posted February 24, 2012 8:21 AM

Click here for the full article from the Wall Street Journal

"Keep in mind that dividends are paid to shareholders only after the corporation pays taxes on its profits. So assuming a maximum 35% corporate tax rate and a 44.8% dividend tax, the total tax on corporate earnings passed through as dividends would be 64.1%."