JimmyMemes@lemmy.world to Work Reform@lemmy.world · 11 months agoSaw this on Facebook 😍lemmy.worldimagemessage-square50fedilinkarrow-up11.42Karrow-down144
arrow-up11.37Karrow-down1imageSaw this on Facebook 😍lemmy.worldJimmyMemes@lemmy.world to Work Reform@lemmy.world · 11 months agomessage-square50fedilink
minus-squareDreamButt@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down3·11 months agoThey do if you have taxes on captial gains :)
minus-squareIDontHavePantsOn@lemm.eelinkfedilinkarrow-up18arrow-down3·11 months agoCan’t get taxed if you never cash out.
minus-squareDreamButt@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·11 months agoMost tax programs which apply to capital gains apply to the sell and exchange of the stock. Dividends are also taxed (at least here in the states). So yes, you get taxed no matter what you do unless it’s a net loss
minus-squarevagrantprodigy@lemmy.whynotdrs.orglinkfedilinkEnglisharrow-up4·11 months agoExactly why dividends need to be mandatory for profitable companies if we are not going to change the tax system.
They do if you have taxes on captial gains :)
Can’t get taxed if you never cash out.
Most tax programs which apply to capital gains apply to the sell and exchange of the stock. Dividends are also taxed (at least here in the states). So yes, you get taxed no matter what you do unless it’s a net loss
Exactly why dividends need to be mandatory for profitable companies if we are not going to change the tax system.