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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: mitch-c who wrote (41234)	1/2/2001 9:57:08 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

("Targeted" translates as "not me.") Only when they were gores targets. Bush targets of young married folks, working poor, modest intial rate cuts, and modest but meaningful death tax reform should affect you somewhat but as an investor a reborn Nasdaq will be worth all the tax cuts you could ever get. I do not believe Bush will be able to "go back to the well" for successive cuts, Sure he will, if he has a successful presidency based on a growing economy coming from a deal I suspect he has made with Greenspan. I believe it is the inequity of the top tax rate which concerns you most. It rose gradually from Reagan/Bradley tax reform in 1986 to what it is now. It is only tolerable because it went to pay off the debt. But now it is much too high and will hinder future growth. What is needed along with low interest rates is a gradual return over the next decade to a fairer tax system, BUT job 1 is growing the economy and that calls for an immediate half point cut. We must break the psychological noose around the economies neck and then we can talk about longer term solutions.