Faculty News | Financial Times | 13 Jan 2003
The Tax Cut That Could Pay Dividends
by Michael Porter
In the wake of the stock market meltdown and a shaky economy, George W. Bush has proposed eliminating the double taxation of dividends. While most of the discussion has focused on the impact on near-term economic growth and stock prices, the greater significance of this policy change for the economy may be on long-term corporate productivity.

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