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Politics : Formerly About Advanced Micro Devices

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TimF
To: Fiscally Conservative who wrote (746884)10/16/2013 1:21:27 AM
From: i-node1 Recommendation   of 1579686
 
>> Most Americans do not depend on Dividends for Income.

Of course they do.

If you cut the net dividend (i.e., the after-tax dividend), investment capital will find better alternatives. Decreased investment capital means fewer jobs, reduced economic growth, and everyone suffers. In fact, the people who would suffer most are the wage-earners who no longer had jobs because capital investment went somewhere else.

Not to mention the inherent unfairness in taxing money more heavily that has already been taxed.
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