MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike Hermann who wrote (54520)	6/18/2000 7:04:00 PM
From: KyrosL	Read Replies (1) of 99985

If you tax energy and neutralize the result by reducing income tax rates and increasing the earned income credit, you end up with much better energy efficiencies for the long term (like ten years from now) when oil production will start to wane, and OPEC will REALLY have us by the balls. The net tax is the same, so you are not hurting the economy. Europe and Japan produce roughly the same per capita GDP as the US but only spend half or less energy per unit of GDP. Their energy taxes are huge compared to ours. If we wait for the market to do the job for us, we are in for a huge surprise, because the market in oil is rigged by OPEC. And they are preparing a very nasty surprise for us which will become apparent in less than ten years. Kyros

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next