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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (129817)12/18/2000 1:58:47 PM
From: Jim McMannis   of 1570078
 
RE:"We better hope so. A huge tax cut with $5 trillion debt would be disastrous to the economy.
We should be using any surplus to pay off our debts. The US is currently making almost $1 billion in interest payments every single day. This is an obscene legacy we are leaving our children.
Bush is an idiot."

Scumbria, Bush doesn't take office until Jan 20.
Clinton is the one who gave the big tax cuts. Gifts to the rich as the Dems say. Clint was a good republican president.

You actually seem to miss the whole point of government tax and spend...which surprises me a little.
Once the government spends, it's got h$ll to take the money back...that's the spending side.
It's relatively easy to give a tax break. So the deficits roll up as the people learn to vote themselves all the money and tax cuts to boot.
My contention is to scrap the system and simplifiy it. One program at a time with a flat type of tax...

Jim
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