To: tom h
By the way, this reporter missed another obvious angle to Bush's strategy. And that is that dividends are by and large received by the elderly as part of their fixed income, and that by making this a centerpiece of his stimulus bill he will be winning over a constituency that is traditionally in the Democratic camp. It would have been even better if he had eliminated the income tax on Social Security benefits which were enacted by the Dems and Toon.
36 posted on
01/10/2003 6:28:27 AM PST by
N. Theknow
(Hope I'm not invoking evil spirits!)
To: N. Theknow
It would have been even better if he had eliminated the income tax on Social Security benefits which were enacted by the Dems and Toon. REPEAL THE CLINTON SOCIAL SECURITY TAX INCREASE!!
46 posted on
01/10/2003 7:24:26 AM PST by
copycat
(Bush Perects Political Rope-a-Dope)
To: N. Theknow
Op ed piece in today's Washington Times,
A tax cut with dividends predicts eliminating the tax on dividends will raise stock prices "as much as 10 percent." A 10% rise in stock prices -- with a concomitant rise in the value of 401(k)s-- will make a lot of people happy, not just the old.
To: N. Theknow
"It would have been even better if he had eliminated the income tax on Social Security benefits which were enacted by the Dems and Toon." Agreed. But I have to guess Bush is saving this for overall Social Security reform. And with the seniors on his side, the Democrats will wilt like flowers without water. By not raising the Social Security issue at this time, the Dems cannot begin issuing dire warnings and starting their predictable scare tactics. How can the Dems scare seniors when the only change is the elimination of the tax on their dividends?
88 posted on
01/10/2003 11:10:27 AM PST by
tom h
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