May 22, 2003

Bruce Bartlett goes a bit over the top cheerleading for the tax cut bill. I agree that there can be few things more important than reducing disincentives on capital investment -- capital investment is the very foundation of our wealth. And, yes, we do want the day-traders on board the political bandwagon .. Anyway, here's Bartlett:

we will have a significant cut in taxes on corporate dividends, which will lower the cost of capital and give a huge boost to the stock market. Lower capital gains tax rates will greatly improve the investment climate and be a major stimulus to venture capital and other high-risk investments.
Posted by Greg Ransom


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