Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: d.taggart who wrote (132232)	3/16/2001 11:22:03 PM
From: Nadine Carroll	Respond to of 769667

If the purpose of the tax cut is to stimulate the economy, then it should concentrate on this year, not the next five years, and it should be tilted to the lower brackets or be across the board so that the tax cut will be spent immediately. So I would support something smaller, and more immediate. The big difference between 1980 and now is that the Baby Boomers start retiring in seven years. I am eyeing the government's unfunded liabilities nervously. Bush's 1.6 trillion proposal (which will cost 2.5 trillion) relies on the Social Security trust fund for supporting the surplus which he proposes giving away. Now is the time we should be supporting social security while the surplus lasts, not give the money away first and say, don't worry, we'll have another Social Security commission.