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Politics : Formerly About Applied Materials
AMAT 235.13+2.2%3:59 PM EST
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To: BWAC who wrote (52631)9/20/2001 9:55:57 AM
From: michael97123  Read Replies (3) of 70976
 
A very fair notion but not in the cards.
What is needed immediately.
1. liberalized depreciation for business
2. tax relief for poor and increased unemployment insurance
3. massive govt spending on NY, defense and airlines among other things. Along the lines of a marshall plan and TVA. Of course private sector would be involved.
4. Repeal of parts of the tax cut like the elimination of inheritance tax, and reduction of rates for awhile at least.
5.In todays wash post and on cnbc right now-- HR republican--no cap gains tax for purchases of stocks and mutual funds over 30 day period starting on passage for folks who hold for 6 months.
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