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Technology Stocks : Intel Corporation (INTC)
INTC 39.38+6.7%Jan 2 9:30 AM EST

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To: TGPTNDR who wrote (164875)5/3/2002 4:19:29 PM
From: Jim McMannis  Read Replies (1) of 186894
 
TGNPNTR,

No arguement there...

Instead of picking and choosing a flater tax would have been prudent.
For instance, Real Estate got a tax break. 0% tax less than 500k, 2yrs primary residence. A free for all insues. Meanwhile some poor sucker doesn't sell his stock because he doesn't want to pay cap gains tax. Stocks collapse and RE goes into an inflationary phase.
Now certain areas of the economy need a tax break but can't get one because the government needs the money to subsidize all the ill founded tax breaks already given out.

Jim
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