Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Don Earl who wrote (16088)	1/6/2003 5:28:56 PM
From: Solarity	Read Replies (1) \| Respond to of 78592

. . . . . My take is it's a red herring to draw attention away from an unprovoked attack on Iraq . . . . Jeez, how lame. Like we're all gonna overlook a little war in the mideast because of a Bush tax proposal! Gimme a break. Hope your stock analysis is better than your political analysis. FWIW, Iraq may not have provoked you but I'm plenty steamed at 'em!

To: Don Earl who wrote (16088)	1/6/2003 10:35:35 PM
From: James Clarke	Read Replies (2) \| Respond to of 78592

I agree - I can't for the life of me understand why the President is making dividends the centerpiece of his tax cut plan. They're throwing out this number that it would boost the stock market by 10-20%, which is just silly in my view, and the view of most people who know what the stock market is. He's surrounded by some financially savvy people, which is why this surprises me. Just lower every marginal rate 1 or 2%, which automatically lowers the tax rate on dividends and short term capital gains too. Think about how dividends work. Dividends are not taxed in a 401-K or IRA. Most of the institutional money I manage professionally is tax-exempt to begin with. A dividend tax exemption at the CORPORATE level - now that would change things and change behavior and valuations, but would smell very different politically. (like a REIT or a limited partnership, the money is taxed at the recipient level but not at the corporate level)