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re: Dividend stocks and DRIPs as a long term investment vehicle

Posted on 6/23/13 at 6:02 pm to
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 6/23/13 at 6:02 pm to
quote:

Do you realize in the United States alone without tobacco taxes we would have to nearly double taxes on everyone to make up for the shortfall?


Double? The US collected $32B from tobacco sales and nearly $1.1 TRILLION from income taxes. The government relies heavily on big tobacco but your description is a bit of an exaggeration.

I'm not arguing about tobacco, I agree with you here. The only thing I disagree with is your thoughts on diversification, that's it.

quote:

Was this meant to be sarcastic?


Yes.
This post was edited on 6/23/13 at 6:37 pm
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17107 posts
Posted on 6/23/13 at 6:12 pm to
What's so wrong or dumb about the comment?
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