How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.52

-2.8%

3:59 PM EST

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To: Yogizuna who wrote (48634)	8/23/2000 11:53:48 AM
From: michael97123	Read Replies (2) of 74651

OT"It's unbelievable how so many people in this country are now absolutely terrified of tax cuts, especially considering the fact that our total tax burden is now near the highest, if not the highest in history." American people are sensible folk and realize that the reduction of the national debt has freed up capital for the private sector causing a 5 year boom. Many wealthy folks have made much money in the market and have salaries that far outstip their tax rate increases. There have been groups left behind--young 2 earner marrieds, the elderly middle class burdened with drug bills for example. Their needs should come first and then perhaps tax reform lowering rates for all phased in over time. Equity calls for lower rates but if lower rates come at the expense of the overall economy, it would be a shame. I would say the same to my leftist friends who would give us numerous social programs at the expense of the surplus. So lets continue lowering the debt. Deficit spending is needed in times of sluggishness or recession. Lets make the best of the opportunity we now have.

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