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Pastimes : Discussion Thread

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To: c.hinton who wrote (2607)11/8/2008 3:24:48 PM
From: TimF  Read Replies (1) of 3816
 
tim the taxes would have lessened the quantity of of liquidity in the markets avaliable to make loans.

Not to any great extent. Raising personal income tax rates doesn't effect the amount of money available for loans all that much.

And remember much of the liquidity indirectly came from overseas.
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