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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: flatsville who wrote (65315)12/27/2000 5:48:49 PM
From: Mike M  Respond to of 99985
 
flatsville, we aren't communicating. When I say who cares if the moguls don't get to transfer all their wealth, I am not referring to the ones who won't let it happen. I am saying nobody will allow Warren Buffett or Bill Gates to keep it in the family, but who cares besides Bill Gates and Warren Buffett. Not me. I have no sympathy for either fellow nor will I worry about their heirs. I will be very happy if a $5M family business can be transferred to the kids without promulgating a business killing debt, or a $2M dollar farm....etc.

Federal taxes...who knows what the final changes will be...Larger IRA deductions, rid ourselves of the AMT or at least index it...lower margins... It wouldn't hurt to overhaul the whole thing. Its way overdue. W/ a Republican Prez, a Republican Senate and a Republican tie breaker, if it ever could happen it will happen this term...

Go ahead and underestimate GW...I'm betting he builds a consensus and gets stuff done.