Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: CYBERKEN who wrote (358117)	2/12/2003 1:21:42 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769667

Re: "Greenspan specifically stated to the committee that he favors, and always HAS favored, elimination of the double taxation of dividends." >>> Correct. >>> Only he stated that the right way to do it is to make paid out dividends a deduction for the corporations, not for individuals (like I've said all along)... the exact opposite of the back-asswards way Bush goes about it. >>> This is the most economically rational way to do it, because it puts paying dividends on an even footing with corporations taking on debt (both are tax deductible for the corporation) and thus help to reduce our unhealthy tilt towards debt. >>> It also gives the corporations a strong economic incentive to pay dividends whereas the Presidents weak, convoluted, and conflicted plan gives them no incentive at all to pay dividends.