Just to follow up, is it the view of the Senator that by eliminating the double taxation on dividends, this would encourage businesses to distribute dividends to shareholders and not hoard it and end up purchasing and consolidating their business interests, expanding it by purchase of competitive smaller businesses?
Pete Sessions: “Just to follow up, is it the view of the Senator that by eliminating the double taxation on dividends, this would…”
Editor's note · Context
Questioning the impact of eliminating double taxation on dividends during a Senate discussion.
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