View Single Post
Old 01-08-2003, 08:30 PM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
i don't think this is the right time to be pushing a huge dividend tax cut. tons of states are running huge deficits and can't afford to pay more on their bonds. no one knows for sure what affect it will have, but it could cost some states a few billion a year on their debt plus losing tax revenue. double whammy that they can't take on right now.

incentives for companies to buy more goods could be a very good move. business spending is still low, especially technolgy spending.
FlyingIguana is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote