To: freeper12
I disagree. Other than the Commies that actually read Globe editorials, nobody on the left cares about the dividend tax cut. Karl Rove would not be so stupid as to piss upwind.
And the best reason to cut this tax is that it will focus copmanies on delivering dividends instead of inflating their gross as Enron did. Artificially growing the valuation of a company is a tax distortion. We need to restore the right incentives. This will be good for everyone.
12 posted on
12/30/2002 4:26:07 AM PST by
eno_
To: eno_
>>This will be good for everyone.
Well, I can't argue that it would be good for shareholders and for the comapnies and possibly even for the economy...but since when does that matter? It is just so damn easy to pain this one as a "tax-cut for the rich"...
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