Given the current top marginal personal tax rate of 23.8% for dividends and capital gains...

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Finance

Given the current top marginal personal tax rate of 23.8% for dividends and capital gains in the U.S., if a highly profitable company chose to pay out all of its earnings to stockholders through dividends, then the stockholders, after all taxes, would be able to keep at least 75% of every pre-tax dollar earned by such corporations. TRUE OR FALSE

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