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Technology Stocks : LSI Corporation
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To: Bald Eagle who wrote (15525)10/8/1998 1:26:00 PM
From: S. maltophilia  Read Replies (1) of 25814
 
" Think of all that
capital gains tax that the government won't get now! Will we be back in deficit? "

Not right away. In fact, capital gain tax payments will even rise for a while as investments are liquidated at a profit and those unfortunate enough to have large net losses run into the $3000 limit. The deficit situation will appear much as the stock market when one looks only at the DJIA. After that the deficit becomes even more monstrous.
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