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

To: willcousa who wrote (358725)	2/13/2003 12:38:24 PM
From: Skywatcher	Read Replies (1) \| Respond to of 769667

The President's continuing destruction of the economy is disgusting.... when is he gonna shut up? CC

To: willcousa who wrote (358725)	2/13/2003 2:18:05 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 769667

Chris, you must be reading challenged, I have nothing against equalizing the treatment of dividend and interest, as a matter of fact my position is go ahead make both dividends and interest deductible to corporations that pay these out, that avoid double taxation and will result in a better debt/equity ratio in corporate America. Giving dividend a tax treatment superior to interest will have a number of detrimental results, increase in rates on tax free debt (just when states and municipalities can least afford it), and reliance on tax deductible interest from debt rather equity. I don't think that the administration proposal to make dividend tax free equalizes the treatment of dividends and interest. Zeev