> Can anyone explain why ordinary Americans are not objecting to tax cuts > (such as dividend tax cuts) that will only favour the top percentiles of > the wealthy ? > Koushik
Dividend tax cuts also favor retired folk whose income comes from dividends and interest. Some ordinary Americans also recognize the unfairness of taxing corporate profits twice. They also favor that corporations will borrow less and be less vulnerable to a collapse. They also think that paying more dividends will make give the shareholder more of the profits and make the company less vulnerable to looting by the directors and executives. Some believe that lower marginal tax rates will lead to more investment. Fred Foldvary ===== [EMAIL PROTECTED]
