JimmyMemes@lemmy.world to Work Reform@lemmy.world · 1 year 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 · 1 year agomessage-square50fedilink
minus-squareIDontHavePantsOn@lemm.eelinkfedilinkarrow-up18arrow-down3·1 year agoCan’t get taxed if you never cash out.
minus-squareDreamButt@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·1 year 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-up4·1 year agoExactly why dividends need to be mandatory for profitable companies if we are not going to change the tax system.
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.