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Politics : Sharks in the Septic Tank
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To: Lane3 who wrote (8760)3/15/2001 7:53:46 PM
From: TimF  Read Replies (1) of 82486
 
I was not surprised Karen. The tax cut is not a large one. It was just portrayed as large by its opponents. If you add up all the untaxed money over 10 years you get a pretty big figure. Its been estimated from $1.3tril to $2tril, but since the economy of the US. But since the GDP is over $10tril this year, and it is growing, the % of the tax cut is fairly small. It is smaller then Reagan's tax cut or even Kennedy's.

Tim
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