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To: Gothmog
Thanks for the Star report. To be fair, it sounds like the Dem congressman was correct...It's about 26% of taxpayers who would benefit from such a dividend tax cut. Maybe 80% own stocks, but not that many people receive dividend income. But, still...I'm all in favor of tax cuts for the rich! They are the ones who actually stimulate the economy, what with their investments, or plowing back money into their own businesses. Give tax cuts to middle-income ($50k or less) alone, and all they'll do is go out and buy new wide-screen TVs with the savings. Good for the TV industry, but not necessarily for the general economy.
14 posted on 01/07/2003 11:23:44 AM PST by My2Cents
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To: My2Cents
You know, listening to Pelosi, reminds me that just a few years ago someone like her would only be able to work in a sheltered workshop but; now: Well isn't amazing what they can train these poor people to do?
15 posted on 01/07/2003 11:51:26 AM PST by jmaroneps37
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To: My2Cents
You and I agree, I was certainly not trying to help a SocDem congressthing, just trying to be informational. For one thing, the congressthing probably was misquoting the facts and I agree w/ you. I am not personally wealthy, but I understand the dynamics.
16 posted on 01/07/2003 12:22:49 PM PST by Gothmog
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