Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Seeker of Truth who wrote (46252)	2/14/2004 5:24:11 AM
From: Maurice Winn	Read Replies (2) of 74559

Malcolm, Lt AWOL's tax cuts haven't resulted in "the rich" having low taxation. What has happened is that the rich are not paying such an extorquerationately excessive share of taxation, though still excessive. A flat tax on all would be fair. That would result in the rich paying a LOT of tax and the poor paying a small amount. Since the rich have more to defend, that makes sense. Social Security benefits go mostly to Democrat voters, so Lt. AWOL doesn't have incentive to maintain those at a high level. Letting the dollar drop makes sense if there's no inflation, interest rates are low and all is looking okay, but exports need a turbo-charge. A lower dollar is a pay cut across the board for Americans. You are right that Alan Green$pan is amazing. Almost supernatural. He is right that the USA government is spending too much money. Mqurice

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