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Technology Stocks : All About Sun Microsystems

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To: Steve Dietrich who wrote (42446)	3/27/2001 10:48:23 PM
From: Peter O'Brien	Read Replies (1) of 64865

Let's see, this year federal tax receipts as a percent of GDP hit 20.4%. The only years in our nation's history when it has ever been as high is in 1944 (20.9%) and 1945 (also 20.4%) when we were fighting for our lives in WW2. Does historical precedent mean anything to you? Are you even the slightest bit concerned that the federal tax bite is now headed into uncharted territory? Do you think that the economy is unaffected by this? Since you are so against tax cuts, please tell us all what you think the ideal percentage should be: 30%, 40%? (remember, this is just federal taxes) Hell, why not just make it 100%? That would solve one problem for sure. There wouldn't be any private capital left, and we all wouldn't have to worry about the stock market anymore...

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