RVW

A. Since Murdock bought it the WSJ is perhaps one notch above a blog.

B. PP is not a blog.

C. If the WSJ article is partially accurate I would not agree with Obama on this one. I would like to see dividends taxed the same as ordinary income. I see that article as part news and part editorial. Much like we get from Faun News and MSNBC.

D. Some of the article premises are just goofy such as the conclusion that Microsoft began paying dividends because the capital gains rate was lowered. I’m pretty certain it was because they had accumulated a mountain of cash. Apple is now under similar pressure. Has nothing to do with the CG rate.

E. As we all know none of this will come to pass in any event. Obama is looking for votes. Rs looking for votes, will block anything he proposes.