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To: Skeeter Bug who wrote (156985)5/6/2003 6:11:27 PM
From: Victor Lazlo  Read Replies (3) | Respond to of 164684
 
$300 ????? As the Democrats would say, that's not even enough for a pizza per week!!!



To: Skeeter Bug who wrote (156985)5/6/2003 7:33:17 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
actually I think Bush's tax plan had a pure objective of raising the stock market since all the lost paper wealth in the stock market really depresses the economy. I actually think the Bush people tune in to Kudlow and Cramer believe it or not, and they believed Cramer ranting that a dividend tax cut would raise equities 25% or whatever silly target he had.

The truth is that a dividend tax cut actually REMOVES money from the growth sector of the economy which is where the jobs are, and to really get the country excited about stocks again we really need the growth sectors to reignite which is tech and the bios/pharmas. So I don't think a dividend tax cut does much for the markets really.