On 11/7/2012 10:50 AM, Stephen Russell wrote:
Not sure why this money should be re-taxed at ordinary rates.  It already
was through that wringer declaring it as profit.  Thus taxed to the company
as INCOME.


EXACTLY! This money was somebody's after-tax money that was re-invested in a business! Taxing it yet again at ordinary rates sounds completely wrong (unless your goal is socialism)!


--
Mike Babcock, MCP
MB Software Solutions, LLC
President, Chief Software Architect
http://mbsoftwaresolutions.com
http://fabmate.com
http://twitter.com/mbabcock16

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