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Author: ricerFool Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35367  
Subject: Re: taxes Date: 1/7/2003 3:57 PM
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"Whose taxes have to increase to make up for this "gift"? Or will it not be made up and instead simply increase the deficit? That doesn't sound too wise to me."

Therein lies the rub. That's the difference between the Republican party, and old-line conservatism. The old-line conservative would not think of doing a tax cut without a commensurate drop in gov't spending.
Politically, though, that would be a non-starter. Because ending the taxation of stock dividends primarily benefits people who are rich enough to have lotsa stock assets to begin with. And the commensurate cuts would most likely come from social programs that affect the poorer classes of people.

Although, the true old-line conservative (especially if he has brass balls) would say, "Well, the he!@#@!ll with it, 'cause we're cutting things that the Constitution doesnt allow the federal gov't to do in the first place!!!"

rF

Whose taxable income would be reduced by ~ $400 by the way. <- SOUNDS GOOD TO ME!!!

Hey, four hundred bux is four hundred bux, man!!!!
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