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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: MrGreenJeans who wrote (7454)	8/4/1999 12:22:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

Latest version of a tax cut bill - probably will be vetoed: nytimes.com - Hopefully any "final" bill would include these two: Under the plan, the standard deduction for married couples filing jointly would increase to twice the standard deduction for single filers, and the amount of income subject to the 15 percent income tax rate for couples would increase to twice the amount for single people. The deal also included one of Roth's main priorities, an increase in the maximum allowable contribution to Individual Retirement Accounts to $5,000 from $2,000.

To: MrGreenJeans who wrote (7454)	8/4/1999 1:23:00 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 15132

Mr.GJ:RE:<Effect of Treasury Reverse Auctions to Buy Back Gov't Debt> (1) Haven't the recent occurrences of an "inverted yield curve" predicted at least 7 of the last 3 recessions ? (2) Are you suspecting (as I am) that some of the money the Treasury pays out to buy back the national debt will find its way into the equities markets to support high p/e ratios ? P