Dividend Voodoo

[rahvin]

Proponents of cutting tax rates on dividends argue that the move will stimulate the economy. A large amount of stimulus, of course, should already be on the way from the huge and growing deficit the government is now running. I have no strong views on whether more action on this front is warranted. But if it is, don't cut the taxes of people with huge portfolios of stocks held directly. (Small investors owning stock held through 401(k)s are already tax-favored.) Instead, give reductions to those who both need and will spend the money gained. Enact a Social Security tax "holiday" or give a flat-sum rebate to people with low incomes.

http://www.washingtonpost.com/wp-dyn/articles/A13113-2003May19.html?nav=hptoc_eo

 

[CADsortaGUY]

did you miss the other thread?

CkG

 

[rahvin]

Originally posted by: CADkindaGUY
did you miss the other thread?

CkG

Yep, time for a thread deletion.

 

[BDawg]

Originally posted by: rahvin

Originally posted by: CADkindaGUY
did you miss the other thread?

CkG

Yep, time for a thread deletion.

No wait! This thread is about Jimmy Buffet!