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Technology Stocks : Intel Corporation (INTC)
INTC 37.33-0.5%3:40 PM EST
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To: William Hunt who wrote (165550)5/30/2002 12:18:36 PM
From: wanna_bmw  Read Replies (3) of 186894
 
Bill, Re: "The monthly Treasury report for April shows tax revenues of $237.4 billion, or roughly 27 percent lower than for April 2001 ($331 billion)."

Please excuse my ignorance, but can you explain to me how this is possible. Don't businesses and their employees pay roughly the same in taxes, and aren't there roughly the same number of people and businesses paying taxes this year? How can it fall 27%, then? Is it all due to tax reform, or something I am not aware of? TIA.

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