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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (129405)	12/9/2000 9:09:34 PM
From: Dan3	Read Replies (1) \| Respond to of 1570209

Re: The feds when they I think the economy Excellent Post! (with this one exception...) :-) Dan

To: tejek who wrote (129405)	12/9/2000 10:17:33 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1570209

Ted, RE:"First I don't remember when the tax cut was implemented" Elimination of Cap Gains on the sale of a primary residence... Jim

To: tejek who wrote (129405)	12/9/2000 11:36:44 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1570209

RE:"However, I believe the intent of Jim's post was to make Clinton wrong on one more issue...and frankly, its getting old." I was refering to the targeted tax elmination on cap gains on the sale of a primary residence. I think this is a great example of how legislation can help throw a somewhat steady economy in to an inflationary tailspin. THIS WAS NOT ALL CLINTON. He did for some reason see fit to sign this tax cut....which was amazing since some thought it to be a tax break for the "rich". I was just using it as an example how a targeted tax cut can possibly throw the economy out of whack. Now to slow it down, AG has to raise rates far in excess of what it would take to slow the economy...all the while trashing the markets in the meantime...and raising the ire of Scumbria. Jim