Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: reaper who wrote (215187)	1/16/2003 9:41:25 PM
From: patron_anejo_por_favor	Read Replies (2) of 436258

<<Lieberman, Kerry & Edwards already lining up to use the MSFT example to slam Bush's dividend tax plan. yeah, its good for the 'little guy' -- $100mm of tax-free income a year for the richest guy in the world. the press is gonna eat this up>> Just to make one (obvious) point abundantly clear. Gates more or less founded Microsoft, and built the company up to the monopoly...ERRR, monolithic, enviable competitive monster it is now by taking on plenty of risks, both in terms of his career and his finances. So the end result is that he continues to own an enormous chunk of an enormous company. Is it fair to deny him his appropriate share of the company's cash flow if they decide to pay a dividend, just because he happens to own a big chunk of it? Regardless of what the DemoRats say, I think it's NOT fair....after all, he could take considerably less risk by selling his 50 billion dollar stake and plowing the proceeds into Muni Bonds, where he would earn only about 20 times as much in income (and still tax-free!). Regards Patron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next