FYI: (Click On Article Title At Top Of Google Search)
A new study showing that a shrinking fraction of shareholders of U.S. corporations pay taxes on dividends is bolstering a drive to revamp the corporate tax system.
The specter of double taxation, which animates complaints about today’s U.S. corporate tax code, is receding, according to a new study from the Tax Policy Center. Tax-exempt and tax-preferred entities—such as 401(k) plans and other retirement accounts—own more than 75% of U.S. corporate stock, nearly opposite the prevailing pattern from 50 years ago, the study said.
Regards,
Ted
https://www.google.com/#q=Fewer+Shareholders+Pay+U.S.+Taxes+on+Dividends+WSJ
