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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (41733)3/3/2001 5:47:27 AM
From: JDN  Read Replies (1) of 64865
 
Dear Charles: How soon we forget. I noticed Franks reply to you and I see similar thoughts going throughout the financial internet. Last year AG was the hero, this year he is the goat. Probably the truth lies somewhere in between. I do think that the tax load combined (Fed'l state and local) is now CRUSHING and probably the biggest single contributor to consumer debt. I understand on average it is something like 40%. Highest in recored history for at least our nation. Cant compare it to the socialist countries as they get services for their crushing tax load, we get JESSE JACKSON. haha.
But, I think the Fed WILL lower the rates far more and the tax burden will be decreased. All of this will likely happen in stages, not all at once so perhaps it will be the foundation of another bull market of some duration, question is.......WHEN? JDN
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