1. Who will benefit from the dividend tax cut? Who will it hurt?

Answer 1

Almost everyone who benefits from a better economy benefits from this.

The first order effect is to the benefit of stockowners who get the dividends. But there are second order effects because it encourages capital formation -- makes it easier for businesses to get money to start up or to expand, etc.

Which in turn causes businesses to be in a position to hire more people.

Which in turn means more people have an income, or have a better income.

Which in turn... but I think you get the drift.

Socialists will either not get the drift, or not care.

Answer 2

What dividend tax cut??

If a tax on dividends were cut, it would benefit anyone with dividend income. The taxing authority would lose out unless the lost revenue was made up somewhere and then that group of taxpayers would take the hit.

Answer 3

the tax break is due to expire in 2010 (and it will if the commiecrats get their way) just one of many screwups to the economy that they can do. And this current president gets NO CREDIT for savig the economy either. Nice one comrades.