P&S and STO Death Blow's Message Board

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

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To: LTK007 who wrote (25072)	1/20/2003 9:37:21 AM
From: Boca_PETE	Read Replies (1) of 30712

MAX: RE:("Paid out dividends from COMPANIES that DID NOT PAY TAXES in that particular year TAXED at the present level to shareholders") Interesting and complex. Consider the complexity added by those multi-national companies. I wonder how that plays into what you are saying given the diversity in country by country international tax laws. I also heard that the portion of company pre-tax earnings for each year NOT PAID OUT AS A DIVIDEND would be a "DEEDED DIVIDEND" that shareholders would ADD TO THEIR INVESTMENT COST BASIS in the stock. I don't think passage of this sophisticated and sensible proposal is a lead pipe cinch by any means. Heaven knows what comes out at the other end when the proposal is put through the congressional meat grinder with all the Machiavellian partisan bickering and filibustering on the horizon to stall any proposal that would help the economy or make the president look successful. On the other hand, I understand that only 15% of the total impact of this tax proposal impacts 2003 - hardly stimulative. P

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