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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: Casaubon who wrote (64821)	12/20/2000 7:44:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

There is a big difference between the real tax and the equivalent of oil prices as a tax. A real income tax cut, channels money from projects which make the country more productive (better roads, fundamental research, better schools etc.) to consumption and therefore inflationary. Payment for higher energy prices move those $$$ outside the system for some one else to spend on consumption. Haim

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