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<p>[QUOTE=&quot;GDJMSP, post: 714260, member: 112&quot;]No, you pay taxes on those dividends because they are income, not because they are profits. And whenever you do sell the stock, you won&#039;t pay taxes on the dividends again because they are not profits.</p><p><br /></p><p>You gotta understand guys, paper profits are meaningless. You can spend profits, becaue it is money you have gained on a transaction. You can&#039;t spend paper profits because they are made of thin air and ink on a piece of paper.</p><p><br /></p><p>And Cloud, if you think Warren Buffet has never sold a share of stock, then you better do a little more careful checking. He&#039;s sold lots of stocks. Check his company&#039;s income reports for proof.[/QUOTE]</p><p><br /></p>

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