Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Posted by taxguru on January 4, 2003

Killing the Tax On Dividends

Joel Mowbray is quite a bit more optimistic than I am regarding the prospect of an elimination of the double taxation on corporate profits. While he has a good point that totally eliminating the tax would be a statement of principle and just cutting 50% of the tax would be a cheap compromise, the latter is what almost always prevails in DC. There are too few in power who will stand up for the principles of capitalism and fairness. Sad to say, that goes for our MBA President as well, who is almost as wimpy as his father was in standing up to criticism from the high tax loving liberals.

KMK

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