http://blogs.mddailyrecord.com/ontherecord/2007/11/27/taxes-what-taxes/ Tue, 06 Jan 2009 04:15:07 +0000 http://wordpress.org/?v=2.3.1 http://blogs.mddailyrecord.com/ontherecord/2007/11/27/taxes-what-taxes/#comment-126 Anonymous Wed, 28 Nov 2007 20:11:00 +0000 http://blogs.mddailyrecord.com/ontherecord/2007/11/27/taxes-what-taxes/#comment-126 The "justification" for American Capital's small tax rate on it's income is that because it distributes that income to shareholders, Uncle Sam takes his cut from them- at the ordinary income tax rate- up to 35%. The “justification” for American Capital’s small tax rate on it’s income is that because it distributes that income to shareholders, Uncle Sam takes his cut from them- at the ordinary income tax rate- up to 35%.

]]>