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To: Peter O'Brien who wrote (42448)3/27/2001 11:50:38 PM
From: Steve Dietrich  Read Replies (1) | Respond to of 64865
 
I don't know whose post you're responding to, but i don't think it's mine.

Where did i say i'm against tax cuts?

Also, this tax revenue vs. GDP is a pretty bogus way to measure things. Tax revenues have skyrocketed along with the markets reaching all time highs (until recently of course) thanks in large part to Capital Gains taxes. But market gains don't count towards GDP. So of course tax revenue compared to GDP rises in a boom market. Guess what? That ratio is now going down, along with the market. Shall we argue taxes are too low now? It's a stupid way to look at this subject, unless you're a politician where these little tricks may have some value.

Bush proposes a back loaded tax cut as a solution to a front loaded problem. Is he stupid? Dishonest? Or maybe he's just being political? I don't really care. I just think it's bad policy.

Now explain to me how it is you infer i'm "so against tax cuts..."

Steve Dietrich