By JLP | September 7, 2006
It’s been a while since I actually posted a Question of the Day. I would like to get back into the routine because I like the interaction with you, my readers. So, here’s today’s Question of the Day:
Personally, I like the idea of a flat tax but I would want all income taxed, not just earned income. Steve Forbes believes that dividends should not be taxed, which I think is crazy. His argument is that they are already taxed at the corporate level, which is true. However, if you want to do away with a tax on them, then why not do away with it at the corporate level? I’m sure a nice portion of Mr. Forbes income comes in the way of dividends.
Now I would like you to weigh in.