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To: Les H who wrote (187916)8/14/2002 8:05:53 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
invest for the long term. who the fuck are these guys:

Raising the payout age to 85, for example, would give a continued tax break to those who need investment funds the most, Democrats said.



To: Les H who wrote (187916)8/14/2002 10:30:33 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 436258
 
>>One idea would increase the amount of losses individual investors can take as tax deductions to $20,000 from $3,000. The other would reduce the so-called double taxation of stock dividends, to encourage chief executives to pay more in dividends and worry less about their companies' share prices and quarterly earnings. <<

this is actually quite hopeful imo.

raising the tax deduction for capital losses would in fact for the short term prompt heavy selling so the investor could take the maximum loss.

bringing the major indexes down to reasonable levels could set the stage for the next bull market.

one can only hope.



To: Les H who wrote (187916)8/15/2002 2:59:15 AM
From: LLCF  Respond to of 436258
 
"Eliminate double taxation of dividends"....

Ooops, now they tell us, after we got all levered up to buy back stock and have no money for dividends!

DAK