Dividends
Peter K.
peterk at enteract.com
Tue Jan 7 17:26:53 PST 2003
Doug:
>Daniel Davies wrote:
>
>>The Bush dividend plan is quite possibly a giveaway to the rich, but the
>>general idea of ending double taxation of dividends is a good one.
>
>What's so good about it? Is the American corporate sector suffering
>under years of ruinous taxation? Are the American rich suffering
>under years of ruinous taxation? Fuck 'em. They've gotten a free pass
>for, well practically forever.
I'm with Doug. I don't know whether it makes me a libertarian Marxist or a libertarian socialist,
but I see these battles over taxes and the government budget through a class struggle lense. "Soak
the fat boys" as Huey Long said.
Or the late great Joe Strummer: "Why not call up Robin Hood and ask him for some wealth
distrubtion?"
If the budget is balanced by taxing the rich, fine with me. If deficits are created
by more spending on social programs, great.
Peter
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