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SVTPerformance's Chain of Restaurants
Road Side Pub
Just did my taxes....
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<blockquote data-quote="VegasMichael" data-source="post: 16879922" data-attributes="member: 105950"><p>Just finished my taxes. 19k for the Feds and $1200 for NY. Maybe I should renounce my U.S. citizenship.</p><p></p><p>The thing that pisses me off the most is dividend taxes. In my brokerage account I always reinvest dividends in additional shares. Why should I pay taxes on money I'm not taking? The initial money invested is after tax to begin with and now you are taxing me again? And when I go to sell the shares in the future you are taxing me yet again??? In essence I'm getting taxed three times on the same damn money.</p></blockquote><p></p>
[QUOTE="VegasMichael, post: 16879922, member: 105950"] Just finished my taxes. 19k for the Feds and $1200 for NY. Maybe I should renounce my U.S. citizenship. The thing that pisses me off the most is dividend taxes. In my brokerage account I always reinvest dividends in additional shares. Why should I pay taxes on money I'm not taking? The initial money invested is after tax to begin with and now you are taxing me again? And when I go to sell the shares in the future you are taxing me yet again??? In essence I'm getting taxed three times on the same damn money. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Just did my taxes....
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