[talleyman]

If he collected $5 mil per year in distributions (not "dividends" - dividends arise from C-Corp earnings & profits), he would have had to have an average equivalent amount of pass-through income each year(taxable to him individually). Otherwise, distributions in excess of basis would produce taxable capital gains. Unfortunately, it doesn't seem as though the author of this piece is knowledgeable about such matters.

[mabelkitty]

Spread it around for the good of society bump.