Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Amy J who wrote (172400)	1/9/2003 9:34:31 AM
From: Road Walker	Read Replies (1) of 186894

Amy, re: If Bush wanted to help investors and help the economy, why didn't he simply provide a tax cut for investors - like a Capital gains tax cut? Actually, he did. Under his proposal, when you sell a stock, you wouldn't pay cap gains on the portion of the sale price that the corporation has already paid taxes on. Confusing, YES (there is fairly good article about it in today's WSJ, page A4). But essentially what he is proposing is that there will be no double taxation, regardless of if the corporation uses it's profits for dividends or for whatever. There are probably a lot of folks that understand this a lot better than I do (GV?). But on the surface, it looks like a pretty good program. If we should be cutting taxes and raising spending is another issue... John

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