Rich people certainly DO pay taxes on their stock dividends. Lower income people are excused from this tax, though.
You CAN get stock dividends without paying taxes on them if they are in a Roth IRA. In that case you have already paid the taxes on the money that you put in the Roth, the amount you put in the Roth is limited, and high-income people CANNOT put money in a Roth IRA. So again, free dividends, but NOT for the rich.
You don’t immediately pay taxes on dividends in a traditional IRA, either, but you must eventually pay them, because you pay taxes on the IRA when you take the money out.
Rich people certainly DO pay taxes on their stock dividends. Lower income people are excused from this tax, though.
You CAN get stock dividends without paying taxes on them if they are in a Roth IRA. In that case you have already paid the taxes on the money that you put in the Roth, the amount you put in the Roth is limited, and high-income people CANNOT put money in a Roth IRA. So again, free dividends, but NOT for the rich.
You don’t immediately pay taxes on dividends in a traditional IRA, either, but you must eventually pay them, because you pay taxes on the IRA when you take the money out.