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Re: Zeev Hed post# 53224

Sunday, 12/08/2002 6:22:32 PM

Sunday, December 08, 2002 6:22:32 PM

Post# of 704041
Zeev...

I agree with your take on eliminating taxation of dividends and unintended consequences. This has gained a bunch of momentum without much though being put behind it. What about the effect on bonds, especially tax free muni's??

In addition to those problems you point out, how is it going to be so good for the markets when many companies cannot afford to pay a dividend. In the tech area almost none could pay one unless they declared a "pro-forma" dividend - you get a piece of paper to hang on your wall, but it is worthless and non-negotiable.

mlsoft

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