Per my reply to
@BrianW
In terms of why do dividends have different tax brackets to wages? Not sure when the tax law was introduced on this or by who - it’s been around for decades in one form or another. It is desgined to encourage people to invest in companies - it’s one way a company generates cash to invest in new factories or projects to employ more people as an example of why this is a good thing for all of us. The alternative is to dissuade people from holding shares, share prices will take a hit. It’s a sensible tax and it’s only marginally under salary tax rates..