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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Johannes Pilch who wrote (340194)1/8/2003 1:03:40 PM
From: steve dietrich  Respond to of 769670
 
Just had a thought, I wonder if a closely held corporation, one that is owned by a few individuals and whose stock doesn't trade, could declare all their earnings as a dividend, distribute it to the owners, and be tax exempt dividend income. If they could say good bye to proprietorships, and partnerships!