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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: KevinThompson who wrote (6199)5/25/2000 12:24:00 PM
From: James Strauss  Read Replies (2) of 13094
 
This scheme is expected to bring in $69 million to the debt-ridden Osaka government. The proposal mirrors a law passed by Tokyo?s metropolitan government earlier this spring, expected to raise nearly a billion dollars for the city. ???

Kevin:

They probably mean 69 Billion...

I agree... More taxes never helps the economy grow... What they need to do is have their own version of the Resolution Trust Fund to get rid of all those depressed real estate holdings from the bank's balance sheets... Also, a revised accelerated depreciation plan would offer more incentive to buy real estate, and should help that market recover... If the real estate market recovers, so will the overall economy...

Jim
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