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To: gogipper
"Could you possibly describe an economic mechanism by which dividend tax cuts cause jobs to stay in China? "

Sure, the more jobs sent to China, the greater the profits. The greater the profits the higher the dividends, the longer jobs stay in China. [Hey, the dividend tax cut was to create jobs here, instead it just goosed up the stock market for a while.]

7 posted on 08/05/2004 7:43:35 AM PDT by ex-snook ("BUT ABOVE ALL THINGS, TRUTH BEARETH AWAY THE VICTORY")
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To: ex-snook

Still not clear enough to me. The encouragement to companies to issue dividends doesn't change the degree of profit that a company experiences, it only changes how the profits are used.


8 posted on 08/05/2004 8:46:34 PM PDT by gogipper
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