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Politics : Politics for Pros- moderated

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To: Ilaine who wrote (127112)	7/24/2005 8:34:01 AM
From: JohnM	Read Replies (1) of 793717

Oh, I have no problem with the concept of targetted tax cuts. That's quite different from the Laffer curve arguments. I can imagine targetted tax cuts in two modes: focused on restarting industries in trouble, or, in a Keynesian argument, to restart the economy. In both the argument is that any increase in tax revenues would be a bonus, not the rationale for the cut. Targetted tax cuts for small business makes sense given certain economic conditions. I have no idea whether the present is a good time for such or not.

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