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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (41878)	3/9/2001 1:30:38 PM
From: Charles Tutt	Read Replies (2) \| Respond to of 64865

I think your Republican friends were on TV last night saying it was about 5%. And you can't have it both ways. Either it's a big deal, or it's not. If it's tiny, and back loaded, then why will it help today's situation? I'd rather have a drop in interest rates as a result of paying down this country's massive debt -- that would stimulate auto and housing purchases, and probably put more money in the hands of most people than the tax cut will. People complain that the country has too much credit card debt -- well, lower interest rates (by paying down the national debt) and help the folks who are burdened by it! I believe most of the $$ from the tax cut are going elsewhere than the lower and middle classes. Furthermore, by holding interest rates high, bondholders are helped, and guess who they are -- the wealthy. But at least it has given me the opportunity to buy some cheap SUNW. All JMHO. Charles Tutt (TM)

To: JDN who wrote (41878)	3/9/2001 5:03:06 PM
From: David Howe	Read Replies (1) \| Respond to of 64865

<< The Tax cut is in no way massive, its not even moderate in my mind. In fact its rather TINY. It doesn't even really kick in well for about 5 years. If 1.6 trillion OVER 10 YEARS is the answer that will be I believe about a 1 1/2% cut. >> Isn't that the truth. I just found out that the drop from 39.6 to 33% (if approved) won't be fully in effect until 2006. That's too slow to help the economy, or me. Charles, The market isn't saying that a tax cut is the wrong medicine, it's saying they don't think the democrats will allow it to be large enough or fast enough to make a difference. IMO, Dave