Marsha Blackburn said "there are over 91 million Americans who own shares of stock in companies in this country, 91 million Americans who have invested in that capital creation process, invested in these companies. When we talk about capital gains and dividends, sometimes we think as you are saying, well, that is just somebody else. That does not apply to me. But for individuals that have 401(k)s and retirement plans, yes it does. What we are seeing is that 51 percent of our tax- paying senior citizens are claiming dividend income, and 47 percent of total dividend income earned in America is by senior citizens." @ PoliticalQuotes.com

On the recordDecember 7, 2005

there are over 91 million Americans who own shares of stock in companies in this country, 91 million Americans who have invested in that capital creation process, invested in these companies. When we talk about capital gains and dividends, sometimes we think as you are saying, well, that is just somebody else. That does not apply to me. But for individuals that have 401(k)s and retirement plans, yes it does. What we are seeing is that 51 percent of our tax- paying senior citizens are claiming dividend income, and 47 percent of total dividend income earned in America is by senior citizens.

Said by

Marsha Blackburn

Republican · Tennessee

Source

govinfo.gov

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