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UDR, Inc. Message Board

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  • Vaalie60 Vaalie60 Jan 16, 2003 3:05 PM Flag

    Hope we have a good year

    Re: <<Plus if Bush gets the cut on the double dividend tax. This will/should help pushup the price on REITs in general.>>

    Bush's proposal will do nothing for REIT's. In fact, it may be detrimental as it will make other dividend paying stocks more attractive. The reason: REIT dividends will NOT be tax free, as REIT's already escape taxation at the corporate level (so there is no double taxation).

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