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To: Alias Shrugged who wrote (213094)1/8/2003 3:05:56 PM
From: Knighty Tin  Read Replies (2) | Respond to of 436258
 
Mike, For the average American, nearly all dividend paying stocks are in tax-deferred accounts, meaning no or little benefit. However, for the very wealthy, those accounts add up to a low % of their net worth. They have taxable dividends. So, those long-suffering rich folks are going to get some relief.