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Strategies & Market Trends : Maximum Investing
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To: Howard Bennett who wrote (60)11/16/2002 5:05:18 PM
From: Robert Scott   of 81
 
No - he is talking about the double taxation of dividends. Now, and this has been true for many years, corporations pay dividends with after tax dollars. Then, when investors receive them, they must pay income taxes on the dividends. This is why its called the double taxation of dividends. What he's talking about is eliminating one of the taxes so either as an investor, any dividends received would be tax exempt because the corporation has already paid taxes on them OR exempting them from taxation at the corporate level and then the investor would continue to pay income taxes on dividends received. Its been talked about for years but no one has ever done anything about it.

There are deficits primarily because of the slow growth economy. The key is to grow yourself out of a deficit and cut expenses in my opinion.
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