Taxes on capital gains can be deferred by not trading the winning stocks. Taxes on dividends must be paid each period that you receive dividends, A strategy of investing in stocks that have higher dividend yields than average will result in:

A) Less taxes and less flexibility when it comes to tax timing

B) More taxes and more flexibility when it come to tax timing

C) More taxes and less flexibility when it comes to tax timing

D) Less taxes and more flexibility when it comes to tax timing