Dow Jones reported that a survey of fund managers released by Merrill Lynch & Co. found that, “The proportion of fund managers wanting to see cash returned to shareholders reached a record high of 53% this month, up from 44% in December 2006.”

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The Future for Investors was written by Jeremy Siegel who did a study of dividend-paying and other equities. He found that, adjusting for inflation and considering the period from 1871 through 2003, a full 97% of the total return to investors in U.S. stocks came from reinvesting dividends. Only 3 per cent resulted from capital gains.

Responses from the public consultation on trusts 2005: Tax and Other Issues Related to Publicly Listed Flow-Through Entities (Income Trusts and Limited Partnerships).

The Department began posting public responses to this consultations initiative on Thursday March 16, 2006. Additional responses will be posted in alphabetical order as soon as they are processed. By the end of 2006, the Department had not yet completed the process as it worked through from letter “a” on to build an alphabetical list of responses.