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Politics : Formerly About Advanced Micro Devices
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To: Scumbria who wrote (130678)1/24/2001 3:02:56 PM
From: TimF  Read Replies (1) of 1582533
 
Have you been paying attention to the Fed over the last few years? Have they been trying to increase GDP growth?

I didn't say anything about GDP growth. I was talking about the % of the GDP over 10 years that the tax cut would amount to. Its not a big %.
That having been said I think a tax cut will increase the amount that GDP can grow in the long run. The problem is that the tax cut might not stick around for the long run. Future administartions/congresses can easily raise taxes some time in the future.

If a Republican president steals trillions of dollars from our children, you guys don't mind.

If any government action is stealing it is the tax in the first place. Tax cuts are only reduceing the amount of the theft.

Tim
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