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.
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
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