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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.53-1.5%Nov 20 4:00 PM EST

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To: James F. Hopkins who wrote (4086)1/15/1999 5:15:00 PM
From: Trey McAtee  Read Replies (1) of 99985
 
james--

cutting consumption taxes is hard...people dont understand the real impact it would have not only on them personally, but on the economy as whole. of course, what they want is for the government to cut their income taxes, IMHO something that should not be done.

besides, were the republicans to cut the taxes on gas and diesel, the demos would scream that they were giving welfare to the rich oil companies. its all a bunch of BS, as is so much in politics.

what we need is to fundamentally restructure the government...and ditch the internal combustion engine<G>. of course, thats not going to happen until gas goes to 5.00/gallon or more. still, i would like to see a floating tax rate that promotes consumption and investment.

good luck to all,
trey
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