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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.92

+3.1%

12:53 PM EST

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To: ehasfjord who wrote (62375)	11/10/2002 9:41:42 AM
From: TigerPaw	Read Replies (1) of 77400

21% has the same effect on both the rich and the working poor. The rich will have a surplus after taxes while the rate is probably set so that the poor are exactly balanced for daily expenses. That is hardly the same effect. It is a valid point that the overall taxrate does not have to be particularly high. TP

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