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

To: Bill who wrote (340407)1/8/2003 6:44:16 PM
From: steve dietrich  Read Replies (2) | Respond to of 769670
 
Maybe before the Bush economy drove them all out of the markets, not now. And the great majority of them owned their stocks through 401k's. The dividend exclusion in not an important tax break for the majority of americans.



To: Bill who wrote (340407)1/8/2003 6:54:38 PM
From: Baldur Fjvlnisson  Respond to of 769670
 
It's generally small stuff. The dividend yield of the S&P 500

is a paltry 1.7%. It's a question of maybe $30 billion/year which amounts to 0.3% of the combined value of the stock market. How the Bush gang figures that the market is gonna rise by 10% on account of this is beyond most people. But then this wisdom fits the pattern of what's been served up so far by this incredible administration.


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