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Recommendations: 6
The Shrubbery is being more and more blatant that its intent is to get people to buy stocks and drive up stock prices, even though there is no model by which cutting taxes on dividends for individual (mostly wealthy) tax payers will lead to increased corporate earnings that might enable companies to pay higher dividends. In other words, the idea is to create another unsustainable stock bubble.
perhaps you give him too little credit...perhaps he understands that double taxation is wrong....and no, i'm neither rich nor hate the rich. i earn less than $40,000 a year, and i only receive about $100 a year in dividends from my investments, although that number will grow with my investments/savings.
in contrast to your premise that the measure will create a stock bubble, i believe it will not, it will however, reward stolid dependable slower growth companies, whose dividend stocks have been discounted in favor of high flying growth stocks promising the moon. This measure is more likley to balance the market from the artificial forces of growth at any cost, including integrity.
by the way, your bias is showing....
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