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To: yard_man who wrote (81206)	3/15/2001 9:20:21 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 436258

hi tippet federal taxes now stand higher than 24% of GDP. Highest all time in $$ and percentage terms. Last I looked state and local burdens were also increasing greater than inflation and stand @ record levels. a cut now is a stimulus for next year. Bush is no fool, well at least not his advisors <vbg>. They know this year is written off but they want the economy to start to recover next year and be stronger for year 3 setting up a reelection bid. If one were to leave the money in washington its spent in non productive areas anyway. At least the market flushes and corrects. Government programs just go on and on, even if the purpose they were created for is over. Just imagine what muni debt will look like in the next down turn.