American Presidential Politics and foreign affairs Message Board

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Politics : American Presidential Politics and foreign affairs

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To: RMF who wrote (9391)	6/14/2006 6:37:01 PM
From: Jim S	Read Replies (1) of 71588

RMF, Peter's holding up his end of the discussion very well, so I don't mean to be ganging up on you. Still, I'm just saying that if you lowered the taxes on a million income from $300k to $200k it doesn't mean that an extra $100k is automatically going to go to small business creation or venture capital or anything else that might provide a direct boost to the overall economy. In all likelihood it probably just go to pad the guy's money market fund or to buying him an extra 10k shares of his best bet for an up and coming stock. Which is all good, but it doesn't really give the economy a real bang for its buck. That's what capitalism is all about, isn't it? YOU choose how to spend your money?

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