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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (128829)2/23/2001 9:13:57 AM
From: Zoltan!  Read Replies (2) | Respond to of 769670
 
A severe economic downturn will cause a deficit, not tax cuts. That's what the Carter recession did to the budget in the early 1980's.

Tax cuts are what brought the economy back. Clinton-Gore left the economy with the highest tax burden in US history and the highest regulatory burden. We see that both are killers to the economy.



To: Little Joe who wrote (128829)2/23/2001 9:57:15 PM
From: rich4eagle  Read Replies (2) | Respond to of 769670
 
Joe, again it is such a pleasure to DISCUSS the issues with you. I agree that the death tax needs to kept in place. However, I do believe that the limits which were set more than twenty years ago need to be raised above the new $1M limit. I would say that in consideration of modern money a tax free limit at 2-3M would be appropriate. The taxes should remain intact for estates of greater value. This would assure redistribution of wealth which is good and allow a nice family sum to remain intact.

The greatest wealthiest people in the US overwhelmingly agree with a proposal similar to what I just proposed.