This means that even the 15% capital gains and dividends tax rates on top of the corporate tax rate are unfair, economically counterproductive, multipletaxation.
The florid abusive rhetoric distracts from the multipletaxation of capital investment income, which is actually taxed at least four separate times under our tax code.
If tax rates on dividends and capital gains are raised, that will only lead more of the wealthy to flee to investing in his company to avoid the abusive multipletaxation.
Lau says that many of her clients are beneficiaries of multiple trusts--usually dynasty or generation-skipping trusts, which protect even more principal from taxation.