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Reply #4: Yes and bush thinks they should pay no taxes [View All]

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PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-06-04 06:59 AM
Response to Reply #3
4. Yes and bush thinks they should pay no taxes
on their stock dividends and in inheritance taxes, so they can pass an obscene amount of wealth down to a future generation of Waltons. Remember bush wanted to ELIMINATE the dividends tax, and had to "settle" for reducing it to 15%. According to this article, "Five heirs of the Wal-Mart fortune would have saved a combined $984 million in taxes last year had dividends been tax-free to shareholders."

http://www.detnews.com/2003/politics/0301/09/a05-55988.htm
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