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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: kvkkc1 who wrote (48477)	8/17/2000 1:48:39 PM
From: michael97123	Read Replies (3) \| Respond to of 74651

OT Isnt it ironic that high tax policies currently in place which caused a surplus have led to the biggest boom in productivity starting in 1996. How? Debt paydown has freed capital for the private sector causing this burst of investment which yields higher productivity. And the rich get richer anyway because higher wages more than offset the higher tax rates. People who suffer are 2 wage earner middle class young workers. So you need to target tax cuts first to those who are treated unfairly. End the marriage penalty and also lower the low rates a notch. Then you can talk about across the board relief. However in this environment surplus is still a good thing. Deficit spending is for recessionary times; surplus for good times. The Bush tax cut if enacted (as i understand it) would be a disaster. Gore is so much more conservative in his approach to taxes and the Bush plan is radical. Its not 1980 when Reagonomics worked to pull us of stagflation. And that goes for the end to the death tax as well. It also needs to be modified so most folks can pass their assets to their kid but we don't need repeal. Folks, IMO, Gore will win this election by attacking 2 pro-wealthy tax plans supported by the Republican. And all he has to do is propose some relief for both income and death tax.