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Strategies & Market Trends : P&S and STO Death Blow's

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To: Win-Lose-Draw who wrote (23725)1/12/2003 3:57:17 PM
From: LTK007  Read Replies (3) of 30712
 
Want scary? I won't give you scary, instead i will give you TERRIFYING!:). NYT on the evolution of the dividend tax-cut package << Finally, last summer, as Wall Street was in the midst of its third down year in a row, the idea gained momentum in the White House as a way to bolster the stock market. Mr. Schwab's comments at the Waco conference were undeniably influential. But so was a cacophony from conservative economists and influential Republicans, including the host of a talk show on CNBC-TV, Lawrence Kudlow, a former Reagan administration economist who is close to Vice President Dick Cheney.

All summer long on his program, which is watched by White House officials (although not President Bush), Mr. Kudlow hammered at the idea of dividend tax cuts. At the same time, conservative economists kept up pressure on the White House.>>
<<GENESIS OF A PLAN
Nurturing the Tax Cut Idea Since the Era of Reagan
By ELISABETH BUMILLER
nytimes.com;
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