To: Drewman626
A minor correction, though I havn't seen the actual proposals (are they out?).
There is no history in tax legislation to pass tax free or tax preferred (ie capital gains or return of capital dividends) treatment of earnings through either annuities or retirement plans to the participants. I'd be very surprised if that was proposed. I suspect any preferred treatment of dividends would apply only to dividends received directly by the taxpayer.
7 posted on
01/06/2003 1:12:21 PM PST by
SJackson
To: SJackson
Sj - Agreed. However, since the vast majority of dividends, currently that is... is reinvested in those qualified accounts, I can't see how ingoring them and giving non-qual's preferred treatment would be of significant benefit. However, not taxing directly received dividends would also be VERY good seeing as how the second most common option is to directly receive them... especially with the Senior Citizens. I guess we'll see tomorrow.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson