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To: marginmike who wrote (63556)1/31/2001 1:05:55 PM
From: Les H  Respond to of 436258
 
75% of the surplus is from excess SS revenues. I believe it's running about $ 275 B. There was also excess stock market cap gains running about $ 75 B for 1999 from employee stock options and short-term traders who lock in taxable gains and defer losses. They lucked into that internet daytrader phenomenon and Euro capital inflows to juice tax receipts.


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