Thank BD. He went to a lot of trouble to get the proboard LVS MB set up. He and blitz are moderating it, and it's looking really good so far.
Either that, or you'll qualify for a big, Obamacare subsidy like thesteinersnj did in his post above...
... a subsidy that is being covered by all of us middle class americans who's health insurance premiums are doubling and trippling.
My brother in law is like thesteinernj... who probably never misses any episodes of his daytime soap operas while the rest of us work 2 jobs to pay for his health insurance subsidy with our over-priced Obamacare policies.
Thanks to Obama trippling my insurance next year, I will be un-insured, because I can't afford the new rate.
Miami, one way to look at it is to look at whether or not the dividend was taxed as earnings at the corporate level.
Let me explain.
LVS is taxed as a C-Corporation at a max rate of 35% at the corporate level. As I've often pointed out, the 35% rate in the US is the highest corporate tax rate on planet earth, which is a big reason why such "punishment of capital" is keeping economic growth so slow in the U.S. nowadays.
Because LVS pays tax at the corporate level, their dividends are "qualified", so you and Mitt Romney pay a maximum of 15% on dividends they distribute to you. The corporate 35% and your 15% together comprise what is known as the "double taxation of dividends".
Conversely, companies that organize as "Registered Investment Companies" (RIC for short) do NOT pay dividends at the corporate level, but are required by law to distribute at least 90% of their earnings to shareholders as dividends. Since these earnings are taxed only once, by the dividend recipient, they are "un-qualified" dividends and are thus taxed at the recipient's normal, "earned income" tax rate.
REITs and Business Development Companies (BDCs) like Romney's Bain Capital are typically organized as RICs, so their typically high dividends are taxed as ordinary income to the recipient.
Politically, the left likes to criticize the tax law I've explaned above where it's expedient to fool the un-knowing public. For example, they are critical of RICs for not paying corporate taxes, even though that is made up for by the fact that their dividends are un-qualified. Similarly, they criticized Mitt Romney for his low, dividend-fueled tax rate, even though the dividends that kept his taxes so low had already been taxed at the corporate level, and were essentially "double taxed".
Hope this helps,
Tony: Be a good boy now and re-post this to the sands board.
Be sure to bump it for 3 months so that it remains prominent there.
Thank you for your cooperation.
Thx for posting these more complete numbers here, stock_warrior.
Hope you can join us on proboards for harassment-free LVS posting.
Tony is barred on that site.
armageddon has shares for galaxy and sjm.
They have been posted on the LVS board at proboards as well
See BD's nearby post for directions to register on that lunatic-free site dedicated to LVS discussion only.
abc, I noticed that you are one of the excellent, LVS posters who has yet to register on the LVS proboard.
Most of the rest of us have gone there to eliminate Tony's harassment. Hopefully, you will as well.
Please see BD's nearby post for the details.
As is plainly clear to everyone, Tony is on a frantic campain of obsession to destroy all discouse on any yahoo board where anyone attempts to discuss LVS.
I recommend to one and all to move discussion to BD's board where Lunatics like Tony are not tolerated.
Once yahoo begins policing these boards, perhaps it can once again be used for rational discussion.
I highly recommend this board for those who wish to eliminate garbage, harassment posts by Tony.
Yahoo boards are not policed. Lunatics like Tony are permitted to run amok on these boards.
Proboards are policed. The topic is 100% LVS on the LVS board, and people like Tony are prohibited.
LVS was 22%.
I posted the full rundown over on the LVS board on proboards.
No point typing it all in here since this message will be on page 2 within 5 minutes amidst a barrage of harassment posts by Tony.
Proboards is Tony-free.
That's what they're saying. Could be a market reaction to that if it occurs.
Presume you're talking about all these ignored post notifications out here. When I iggy'd them, I noticed that he's gone from harassing people to impersonating them and when I glanced down on one of them, I noticed a lot of choice, moron words like "rape", and #$%$", and, I believe there was a "testicle" thrown in there somewhere.
Back in the day, I don't believe I was fully aware that he was just a lunatic on meth...
... but that's what he turned out to be.
I don't think he even knows what common stock IS, let alone having enough money to buy any after funding his rent, his meth, and his soon to be heavily subsidized health insurance policy.
See you on the sewage-free board, my friend! ;-)
It probably helped to make Venetian the 2nd choice for gaming among a lot of galaxy and COD hotel patrons.
QZ: If you could post good LVS content like this on the LVS proboard, it would be much appreciated.
Over there, it will stay on page one longer than 10 minutes and not be innundated by a barage of sewage posts from Tony.
Agreed... Singapore is the #1 model that asian jurisdictions want to emulate.
It's been nice to have the momo alternative, but having tried them both, I prefer the board BD is presenting and I am posting there.
I have little interest in posting on this trashed up, tony board anymore.
Yahoo is ruining their own site by not policing it from such sewage.