Deja vu. This is a perfect illustration of what happened with the Reagan tax rate cuts of the 1980s and why we had large deficits..

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Posted by taxguru on January 8, 2003
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Posted by taxguru on January 7, 2003
Dividend Hot Button
Of all the issues being discussed regarding Bush’s tax proposals, the elimination of the double taxation of corporate profits seems to have generated the most discussion, both positive (from supporters of capitalism and fairness) and negative (from enemies of capitalism).
Ending the Tax on Dividends: What, Why and How Much?
Stalked by Fears of Dividend Tax Cuts
The Dividend Tax is Double Trouble
Dividend Tax Relief Will Benefit All Americans
Eliminating double taxation of dividends is smart
Handy calculator to illustrate tax saved by eliminating double taxation of dividends
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Posted by taxguru on January 7, 2003
Don’t Celebrate Prematurely
Bush’s tax cut proposals sound very appealing and I will be monitoring and commenting on them in more detail as they work their way through the clutches of our rulers in the House and Senate. What will come out the other side will probably look and smell very different, so it’s too soon to be making a lot of real life plans based on any assumption of the cuts getting through unscathed. While making the changes retroactive to January 1, 2003 is a good idea, the longer it takes before Bush can sign the actual law, the less likely they will allow the law to be retroactive.
KMK
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Posted by taxguru on January 7, 2003
The Gray-Out Doofus Solution

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