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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (3697)	7/30/2002 2:46:18 PM
From: Jim McMannis	Respond to of 306849

"For that matter, why tax dividends? Part of the problem with the equity bubble was that companies that were successful and produced real profits got whacked twice if they attempted to distribute same to their investors (once on the earnings, then the shareholder gets whacked when he received dividends). Obviously it encourages corps to "use" the money for their own purposes, which led to some horrible examples of malinvestment. Of course, there are more voters who are homebuyers than dividend recipients, so the problem gets perpetuated ad infinitum. And another bubble takes hold...." True, we know Congress and pork DO NOT realize any of this never operates in a vacuum. The simplest thing is some kind of a flat tax across the board. Shoot, not only are dividends double taxed they are taxed as ordinary income. Jim

To: patron_anejo_por_favor who wrote (3697)	7/30/2002 2:49:57 PM
From: Jim McMannis	Respond to of 306849

RE:"Of course, there are more voters who are homebuyers than dividend recipients, so the problem gets perpetuated ad infinitum. And another bubble takes hold...." Yes, and because of that it will be hard to get the cat back into the bag. More likely, RE will bubble, crash and people will scream when they find out they can't deduct the loss on a home. At that time Congress may get away with allowing the loss but trade off on taxing the gains again.

To: patron_anejo_por_favor who wrote (3697)	7/30/2002 2:50:21 PM
From: GraceZ	Respond to of 306849

All corporate taxation really is double taxation, because tax is always paid when the income comes down to he individual. Its just another way to hide the hideous level of taxation. The little guy thinks he isn't paying but he is in whatever services or products he buys. Also it encourages companies to do weirdass stuff to avoid taxes when what they should be doing is finding a way to maximize profits. It pisses me off that cap gains taxes don't account for inflation. Sometimes inflation is the only gain there is.