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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (510)1/4/2001 7:10:00 PM
From: Ish  Respond to of 59480
 
<<Perhaps Greenspan believes a tax cut is inevitable and this stimulus is to buck up the economy to cover the anticipatory slump period. >>

A rate cut will take 6 months to help. Then again the markets look 6 months in advance. But the quickest spur is a tax cut. WE ALSO have another "tax" by the high gas and heating costs due to Clinton having no energy policy other than what can I pocket.



To: DMaA who wrote (510)1/5/2001 1:56:38 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 59480
 
DMA,

I don't think there's ever been a tax cut I didn't like (except the micro cuts that's target individuals behavior) and your point is well taken.

If there is to be a tax cut, it needs to be implemented asap or at the minimum floated that it will be retro-active.

For example, if there is any capex stimulus tax package (for example, shortening depreciation time frames) if it doesn't pass SOON, merely "hinted" at, businesses will defer purchases until they see how the law will be written.

We don't need to hold the economy hostage to "proposed tax cuts". Time to S*&% or get off the pot.

:-)