Which of the following is not correct?

Select one:

a. Dividends are tax deductible for the company who pays them

b. Interest paid is tax deductible for the company who pays it

c. Long Term Capital gains are taxes at a lower rate than ordinary income

d. Interest from municipal bonds in not subject to federal income tax

Which of the following is not correct? Select one: a. Dividends are tax deductible for the company who pays them b. Interest paid is tax deductible for the company who pays it c. Long Term Capital gains are taxes at a lower rate than ordinary income d. Interest from municipal bonds in not subject to federal income tax