From a purely tax view point, which of the following statements

 From a purely tax view point, which of the following statements under the classical tax system assumption is correct?

A. Investors subject to high personal tax rates would prefer shares of companies that pay low dividends.

B. Investors subject to high personal tax rates would prefer shares of companies that pay high dividends.

C. Investors subject to high personal tax rates are indifferent to the dividend payout rate.

D. Investors subject to high personal tax rates would prefer shares of companies that promise low capital gains.

正确答案是A