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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (8760)	3/15/2001 7:53:46 PM
From: TimF	Read Replies (1) \| Respond to of 82486

I was not surprised Karen. The tax cut is not a large one. It was just portrayed as large by its opponents. If you add up all the untaxed money over 10 years you get a pretty big figure. Its been estimated from $1.3tril to $2tril, but since the economy of the US. But since the GDP is over $10tril this year, and it is growing, the % of the tax cut is fairly small. It is smaller then Reagan's tax cut or even Kennedy's. Tim

To: Lane3 who wrote (8760)	3/15/2001 8:06:17 PM
From: Greta Mc	Read Replies (1) \| Respond to of 82486

I have not done the calculations on how much I would "get" or "save" from a tax refund and/or cut. History has shown it's immaterial to me and the only real consequence to changing the tax law each and every year is to add a heavier burden to me to understand the new laws each and every year....after all, the tax code does place the burden on the taxpayer to understand the tax code, which is conveniently changed every year. And the laws get more complex every time "they" change them.....just one of my pet peeves.