From sawicky at epinet.org Wed Jan 5 17:51:50 2000
> Official Wall Street doctrine declares that dividends
> are bad because ...
But this has been true for a long time. Dividends (and
interest) have been taxed at higher rates than capital
gains.
Not to mention the fact that dividends are not an expense[*] (and are thus taxed!) for the corporation ...
/jordan
[*] Tax-hounds: yes, there are exceptions ...