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  • beavertailcanada beavertailcanada Nov 15, 2012 3:20 PM Flag

    US market will go higher

    It is the same political trick like in Canada. They scare you with tax increase. Now, CNBC is talking about dividend tax might go from 15% to 45% or will it?
    Some small guys got scare and sell their portfolio. In the mean time moneyed funds are buying.

    Then the tax increase comes out at 20% (say) and everyone think it is GREAT (because they were conditioned to think 45%). Market jumps subsequently.

    In the end, tax will go up but you will be (very) happy that it goes up less than you

    If I were RIM, I would encourage manufacturers to start to look into making phones and tablets in Canada with robots. Apparently, robot costs about $20K each. Get this, robots can work in the dark and around the clock, How green is that.

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