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To: The Duke of URL© who wrote (172406)1/9/2003 11:45:19 AM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
RE:"What I am surprised at is that the Bush elimination comes at the shareholder level, not at the corporate level where it should be."

"The only thing I can think of is that Bush felt that he could not possibly sell it as a corporate deduction, so he did the next best thing."

Bingo...


Jim



To: The Duke of URL© who wrote (172406)1/9/2003 11:43:14 PM
From: qgambit  Read Replies (1) | Respond to of 186894
 
RE:"What I am surprised at is that the Bush elimination comes at the shareholder level, not at the corporate level where it should be."

Corporations already get a dividends received deduction of 70 to 100% that shareholders don't. This is why most preferred stock is owned by corporations.


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