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To: Les H who wrote (59327)9/23/2000 3:05:17 PM
From: Les H  Respond to of 99985
 
Nasdaq and the election polls

decisionpoint.com



To: Les H who wrote (59327)9/23/2000 3:07:40 PM
From: Les H  Respond to of 99985
 
Rally Due for OEX

decisionpoint.com



To: Les H who wrote (59327)9/23/2000 4:58:54 PM
From: KymarFye  Read Replies (1) | Respond to of 99985
 
Gore's Social Security Plus would be smaller in scope, and, more to the point, would leave basic Social Security as the public has come to understand it unaltered. Bush, in contrast, proposes an experiment with 16% of Social Security payments, and, as has been frequently pointed out by the Gore campaign, and also by economists quoted in the article you URL'd, he has yet to explain how the trust fund is to be kept solvent.

I'm not sure what you mean by "considerably worse." Worse because, in your opinion, income redistribution of any kind is a bad thing? That would be an ideological position, and not directly relevant either to equity markets or to public perceptions of the programs and candidates. As for comparisons to the EITC, many Republicans now rush to take whatever credit for it they can. Whatever its ancillary problems (such as susceptibility to fraud, which is a problem that inherently affects ALL tax- and income-related programs, including Bush's), the EITC is widely perceived as a success, and as one of the very few significant things the government has done for the lower middle class in a generation. As for offsetting FICA taxes, that's not a bad thing when you consider how regressive they are. They otherwise work like the worst possible flat tax, disproportionately affecting low income workers, even before you take into account the income cap on the upside.



To: Les H who wrote (59327)9/23/2000 5:36:57 PM
From: Les H  Respond to of 99985
 
This fragile engine

afr.com.au

Oil shock's mixed risk of slip-ups and -downs

afr.com.au



To: Les H who wrote (59327)9/25/2000 10:23:35 AM
From: flatsville  Read Replies (2) | Respond to of 99985
 
Les--

The Earned Income Tax Credit is not a rebate or refund of FICA taxes in any way.

The EIC is "necessary" because employers will not pay a living wage.

Frankly I'm sick and tired of servicing the poor through EIC so employers can get bargain labor. EIC is "corporate welfare" at its' worse.