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Southern, Microsoft, Wal-Mart May Benefit From Bush Tax Plan | |
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| Time: 11:09 EST/16:09 GMT | News Source: Bloomberg | Posted By: Robert Stein | ||
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Utilities such as Southern Co., cash-rich companies like Microsoft Corp. and retailers from Wal-Mart Stores Inc. to Brookstone Inc. may benefit the most from President George W. Bush's plan for $670 billion in tax cuts. The proposal would repeal the tax shareholders pay on dividends, making utilities and other companies that already offer large payouts more attractive to investors. Companies that have enough money to pay fat dividends, such as Microsoft and Oracle Corp., may also gain, analysts said. | ||
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| #1 By 135 (209.180.28.6) at 1/8/2003 11:53:31 AM |
| Well it's good that someone is actually going to benefit from the plan. |
| #2 By 2960 (156.80.64.132) at 1/8/2003 4:51:42 PM |
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No kidding Soda :)
I have no illusions that ANY of that will ever trickle down to me. There's too many Yachts to be bought for that to happen :( TL |
| #3 By 7390 (63.211.44.114) at 1/9/2003 11:39:54 AM |
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This is why I favor a percentage based tax system. So it woudn't matter how much you make since we would all pay the same percentage. And thus a tax cut would benefit everyone percentage wise. All thought I don't think that now is the time to be cutting taxes.
I would like to hear Finiancialwiz or sodablue chime in on this. |
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