John Delaney 🇺🇸

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

John Delaney 🇺🇸 @JohnDelaney

@USCnDodgerBlue Romney is referring to C corps, which pay tax at the entity level and then if they pay dividends the shareholders pay tax at the capital gains rate, not at the individual tax rate — PolitiTweet.org