If the monies have already been taxed How is an additional 9% tax a good plan?
“If the monies have already been taxed How is an additional 9% tax a good plan?”
Hell you ought to be in my boots. As a 25% stockholder in the company I work for I get hit with a corporation tax an income tax and a capital gains tax, all on the same money. The plan will definitly benifit me, but your question needs to be addressed. But at this point and time it looks like that money will be taxed at 9% depending on how it’s spent.