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To: Gerald Walls who wrote (26337)	8/10/2000 5:32:53 PM
From: William Hunt	Read Replies (1) \| Respond to of 27012

Gerald Walls ---I guess I am in the minority with tax refunds . I wish the government would forget any tax refunds and apply it to the national debt thus lowering the rate for interest rates down to 3 % if the nation was debt free . Thus a tax refund for everyone ---not special interests or a way to buy a vote . At present 50% of the people pay no Federal income tax ---50% is paid by the top 5% or their abouts ( the rest by us ). So why give a tax cut to someone who pays not taxes . I am of the opinion if you do not pay for something ( roads , school ,etc ) you do not appreciate them thus the continuing dependence upon the FED government to solve all of our problems . Just my thoughts BEST WISHES BILL PS--Sure am tired of this market and the mis-information being put out by the houses .

To: Gerald Walls who wrote (26337)	8/11/2000 2:54:36 AM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Gerald. I totally agree with your post to Bill. So I would take any little tax cut and cap gains tax cuts the President would sign. But no such luck with this President and his Vice President. When you have a household income of 50,000 you are just too rich to deserve some of your money back. Only they know how to dole it out to you in some kind of benefits. I do believe though that we should pay some of the debt back, Soc.Sec. needs to be fixed and better health care has to come about. Tough road ahead. Something has to be done with prescription drugs. Maybe there should be a non profit prescription plan for all people where you pay into it from the day you start working. Medicare alone can't take care of all that and insurance cos. may not be the right place either. As far as this tax cut bill Clinton vetoed is concerned, it was rewritten. The 28% tax bracket was not moved higher, only the 15% bracket was moved higher. I guess I'd better find that tax bill again. This is supposed to help the marriage penalty AND stay at home moms. Both stay in a lower bracket longer. This watered down bill would not give more advantage to higher incomes than to lower incomes as I understand it at this moment. gg. The bill was watered down because Clinton said he would not sign a tax bill that benefits the rich. Again. Orig. the 28% bracket was going to be moved also. But our administration thought it would wreck the surplus. All this does affect our future and def. is important to the stock market. Putting part of the Soc.Sec. into stocks is an interesting idea, especially for younger folks. Sonny