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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

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To: Barry A. Watzman who wrote (27750)	7/30/1997 5:52:00 PM
From: Dwight E. Karlsen	of 186894

Barry, re: the tax cut -- With that kind of thinking, then it seems like it would make sense to raise taxes instead of cutting or maintaining the status quo. If taxes are raised retroactively, then people may not get any refund, or even have to anty up some dough on April 15th. This should put a crimp on money being pumped into the economy next Spring, and hence, voila, the dreaded inflation genie is crammed back into his bottle! I think you have really hit on something here. Maybe Alan Greenspan could mention this in his next speech to Congress as a potential strategy to pursue in helping to tame the inflation beast. DK

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