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Politics : PRESIDENT GEORGE W. BUSH
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To: LindyBill who wrote (399527)4/26/2003 6:42:50 PM
From: Lizzie Tudor  Read Replies (1) of 769670
 
nah, I'm not in Berkeley, I'm in Silicon Valley. This town had a love affair with Bill Clinton and it wasn't due to fraud or anything... I'm thinking of early 90s even. Clinton came out here every week it seemed. He seemed genuinely interested in the industry and jobs.

Its something of a dichotomy that politicians face (both parties) where the "new economy" leaders are not necessarily to follow in lockstep with every tax cut that comes along. This one (bush's plan), in fact, penalizes growth companies because it makes investing in dividend paying companies more favorable. These are the slow growers. Another tax cut which the technology industry opposes is the proposition 13 freezing of property taxes. Thats a rate cut for a lot of people, but not for the young companies or young people in Ca who work for them.
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