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

To: CYBERKEN who wrote (358639)	2/13/2003 11:49:06 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 769670

Cyber, would you care to enlighten us on the effect of the Alternative Minimum Tax on the benefits created by eliminating the dividend tax.

To: CYBERKEN who wrote (358639)	2/13/2003 12:14:45 PM
From: DuckTapeSunroof	Respond to of 769670

More bluster from someone who can't understand simple math, Cy? All hail the Chief! He's the Chiefest Chief, and we should all Hail Him! Hey Cy, why couldn't your dim bulb hero have done the <> right </> thing, and eliminated dividend taxation at the corporate level so EVERYONE could have benefited? The Economically correct plan to eliminate double-taxation of dividends: 1) Make earnings paid-out as dividends a tax deduction for corporations produces: --- heap big dividend pay-outs, 'cause the companies have an economic incentive to do so. --- and, helps to reduce corporations unhealthy reliance upon debt, and stock watering schemes. --- is the method favored by nearly all economists who support ending double taxation of dividends (including Greenspan). Result: Big surge in dividend payments, everyone benefits (even retirement accounts!), restores balance between retained earnings and debt, eliminates the tax code's artificial nurturing of stock watering schemes....