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Mitt Romney
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<blockquote data-quote="moreluck" data-source="post: 963687" data-attributes="member: 1246"><p>You need to ask yourself......why do you suppose no one in America ever thought of that and you are the first??</p><p></p><p>When you get paid in all stock.....then you have to sell it for cash to buy your food and pay your house payment. You will pay capitol gains tax...30%? ....</p><p></p><p>So you'd be paying the same as ordinary income tax (short term cap. gains)</p><p></p><p></p><p>Dividend are taxed at a lower rate....but to get dividends, you can't sell the stock. You'd starve!</p></blockquote><p></p>
[QUOTE="moreluck, post: 963687, member: 1246"] You need to ask yourself......why do you suppose no one in America ever thought of that and you are the first?? When you get paid in all stock.....then you have to sell it for cash to buy your food and pay your house payment. You will pay capitol gains tax...30%? .... So you'd be paying the same as ordinary income tax (short term cap. gains) Dividend are taxed at a lower rate....but to get dividends, you can't sell the stock. You'd starve! [/QUOTE]
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