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


To: Zeev Hed who wrote (68074)1/31/2001 8:27:34 AM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 99985
 
Hopefully some gradual tax cutting will also help reliquify corporations and consumers

While knowing a tax cut is coming might help people feel better about the near-term future, won't these take even longer than interest rates to have a real monetary impact on people's pocketbooks? Would a retroactive cut in marginal rates have an immediate effect on take-home pay or will we have to wait until the (larger than expected) refunds for 2001 come back next spring?