John Delaney 🇺🇸 @JohnDelaney
Not sure example is correct Qualified Dividends are taxed at capital gains rate, which is 20% at high end, so in your example the federal tax would be $36 not $52 (plus state tax) Also, most people who "own" a company own it in a pass thru entity that pays no federal tax — PolitiTweet.org
Senator Mitt Romney @SenatorRomney
Example: If you own a company that has a $100 profit & the corporate tax is 20%, the tax is $20. If it gives you a… https://t.co/CBcn0g…