Should corporate tax on "net profit" that is returned to US investors be cut to zero and let investors pay tax?

Should corporate tax on "net profit" that is returned to US investors be cut to zero and let investors pay tax?
... pay tax on it as ordinary income at their bracket rate? TS : Yes. A credit. T S : but the investor then pays the tax as ordinary income at his/her tax bracket rate. don : Then thay would be a "no" from you? bmoc : But not as ordinary income. bmoc : But not as ordinary income.


Answers:

bmoc2525:  They already do pay taxes on it if they take it as income.
2008-09-07 20:16:06
Chosen Answer
T S:  So dividends are a write off for the corporation and the investor gets a larger dividend. Sounds good to me.
2008-09-07 20:17:56
ohbrother:  Investors already pay a capital gains tax. Even if your dividends increase you are forgetting 535 people in Washington that will then tax it at a higher rate and Obama wants to raise capital gains tax now.
2008-09-07 20:25:16
don_dorkus:  Corporations are already "Double Taxed". Once on Net Income. Again on the investors when they pay dividends
2008-09-07 20:27:40