>> Looks to me like I'll buy some REITs, which have fat yields. <<Though there is talk that REITs will not be included in such a dividend tax cut.Which is fair, since the idea is to eliminate double taxation, and unlike most corporations, REIT earnings are not taxed at the corporate level provided that their distributions are in accordance with appropriate law.So if REIT "dividends" (some of which is return of original capital anyway) were also made exempt, then there would be NO taxation of REIT income anywhere, and then the foes of the dividend tax cut ideas would have a legitimate case for unfairness.#29
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