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Re: Zeev Hed post# 62209

Tuesday, 01/07/2003 3:20:11 PM

Tuesday, January 07, 2003 3:20:11 PM

Post# of 704041
"All that kind of shenanigans can be avoided if they made th dividend deductible by corporations as I have been harping on for some time."

Zeev,
Believe the reason they dont do that is that many companies pay no tax at all already so it would have less of a stimulative or pro-market effect. At least thats the rationale. I have mixed emotions about it. Personally, i think its a strawman that will end up as a 50% dividend exclusion with a maximum allowable amount to be taken. Much ado about nothing imo. What about the rest of the tax cuts? Anything looking positive to you? marv

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