Profits earned by a corporation and given to shareholders are called dividends.
Dividends are the profit of a corporation and then is taxed to the shareholders. This progress is also called double tax. Shareholders cannot subtract any misplacement of the corporation. A dividend represents a company's earnings.
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The slogan No Taxation without Representation became popular in the colonies and was integral in convincing the colonists that they best way to govern the colonies was to let them do it themselves. This idea, amongst others, led to the American Revolution and the formation of the United States of America.
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