Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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To: William Hunt who wrote (26085)	5/24/2000 10:39:00 AM
From: Sonny McWilliams	of 27012

Bill. You are getting the picture. And the majority of people are saying no tax cuts because most of the tax cuts would go to the rich. Duh. In other words, tax payers, especially people who invest in business so people have jobs. I feel that I am already contributing quite a lot. I am taking the risk of losing money in areas which assure people of jobs but when we are making money on our investments, we are greedy and get taxed again. I am wondering why those people that will invest in those poor areas, will now get a big tax break, like no capital gains after 5 years. What's wrong with the same thing for us? Again, we are supplying jobs. You can pay down the debt, give some tax cuts and still have money left over for goody goody stuff if you don't kill the economy every so often. BTW. How about this funny tax code? You get taxed on all your profits you make in any given year, but if you are on the losing end, you can only deduct 3000 a year. Luckily I am not in that boat, YET. gg. Sonny

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