Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Valin
Interesting article on Yahoo about the "HAVES." In this case, the article was about Warren Buffet, the 2nd richest man behind Bill Gates. Both men are democrats. Buffet was saying that Bush's dividend tax cut would only help the wealthy HAVES and therefore not good. However, if the dividends are taxed at the corporate rate and then at the shareholders level (resulting in double taxation), then when corporate level taxes on dividends are removed, how is that hurting the average shareholder (HAVE NOTs)? Sounds to me like another RAT (Buffet) doesn't want the HAVE NOTs to experience any good fortune.
16 posted on 05/05/2003 11:41:47 AM PDT by lilylangtree
[ Post Reply | Private Reply | To 1 | View Replies ]


To: lilylangtree
Big companies and the ultra-rich always support RATS. The reason? RATS support higher taxes and big government. This takes out the market competition from smaller "less worthy" entities.
18 posted on 05/05/2003 12:10:17 PM PDT by wjcsux
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson