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To: Dog Gone
And will continue to be taxed under Bush's plan.

That is right the very rich (top 1%) will stop paying taxes on dividends but you will continue to pay the tax when you withdraw the money from your retirement accounts.

That is why the dividend tax repeal needs to happen at the corporate level. That way everyone will get more and higher dividends. The Corporations will be able to give out these dividends tax free and will thus be encouraged to do so. I do not see how the dividend cut at the shareholder level encourages corporations to increase dividends at least directly.
172 posted on 01/07/2003 1:06:17 PM PST by ImphClinton
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To: ImphClinton
And will continue to be taxed under Bush's plan.

I don't know that to be the case, and I have trouble believing that you know that as a fact, either.

175 posted on 01/07/2003 1:11:58 PM PST by Dog Gone
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