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Captain_Jack

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Captain_Jack

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Re: ardent jd post# 53298

Sunday, 12/08/2002 11:26:42 PM

Sunday, December 08, 2002 11:26:42 PM

Post# of 704019
As for div tax relief,, what was published early today (and can not be found) indicated it would only drop indiv rates about 5% on issues purchased after the law went in and held for a year or more. Not a lot of good in the near term for indivs,, bus break to drop inc tax on them from 36.9 to 35%,not a hell of a lot of incentive there either. More smoke & mirrors except for the long term holder buying new div paying issues. Do they dump shares in order to buy new ones at a diff date? Sounds more like DEM bs than GOP plan..

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