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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (41878)3/9/2001 5:03:06 PM
From: David Howe  Read Replies (1) of 64865
 
<< The Tax cut is in no way massive, its not even moderate in my mind. In fact its rather TINY. It doesn't even really kick in well for about 5 years. If 1.6 trillion OVER 10 YEARS is the answer that will be I believe about a 1 1/2% cut. >>

Isn't that the truth. I just found out that the drop from 39.6 to 33% (if approved) won't be fully in effect until 2006. That's too slow to help the economy, or me.

Charles, The market isn't saying that a tax cut is the wrong medicine, it's saying they don't think the democrats will allow it to be large enough or fast enough to make a difference.

IMO,
Dave
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