Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.17

-0.5%

11:17 AM EST

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To: dougjn who wrote (15932)	10/2/1998 4:22:00 PM
From: Joe NYC	of 152472

Doug, One way of inflating is massive tax cuts. "Permanent" ones. Unfunded ones. In general, lower taxes achieve many good things. But I am not sure if there is a solid link between tax rates and inflation. I would argue that in a situation where you have high inflation, lower taxes would lower inflation, as the economy gets more efficient and rewards suppliers for increasing supply. Also, a lot of corporate taxes are just passed to consumers in higher prices, so lower taxes should reduce prices. I don't know about these relationships in a deflationary environment. Joe

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