Dividend issue a trading card ? My guess is on one level waht Bush really needs is a very big, strong , fast acting stimmulus package. I would bet he is willing to trade away some of the Dividend exemptiontion get it - instead of 100% expempt, maybe same rate as cap gains, with maybe the first $1000 - 3000 free of tax. Used to be the first $400 was exempt, years ago.
My guess that Bush & team will let both Democrats and Republicans add their pet ideas to the tax bill as a compromise over the dividend thing...then once they are close to a committment, back down on the dividend thing and let ego and the interest group pressure push the bill through.
What the economy needs now is some Keynesian defict spending. Hopefully, our Congress will be up to the challenge of spending money ;-)
I think the dividend thing is getting disproportional media attention, compared to North Korea, general economy, etc.
I also think the dividend thing will be hard to game in the stock market. Maybe more money to be made easier in gold, euro, dollar, energy, defense, etc. |
