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To: Les H who wrote (8318)1/21/2003 4:55:17 PM
From: MSIRead Replies (2) | Respond to of 306849
 
the money diverted to pay dividends will also not be spent on capital equipment

That's the other crazy thing about it. Were this a reduction in corp taxation, rather than personal income exclusion, that would be a different story, and wouldn't be criticized so much as "elitist".

It's like the estate tax repeal - 25% of all estate taxes in this country last year were paid by 490 families...

Do you suppose a small number of wealthy have any incentive to bribe the Administration and Congress w. a bit of campaign funds?

Maybe just a touch -- just a few million here and there -ng-



To: Les H who wrote (8318)1/22/2003 3:41:08 PM
From: Les HRead Replies (1) | Respond to of 306849
 
City of Houston stands up to the Evil Empire

usatoday.com