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

To: Steve Dietrich who wrote (42506)	3/28/2001 7:31:50 PM
From: Peter O'Brien	Read Replies (1) \| Respond to of 64865

>Is it your intention to argue the semantic difference between "a major >reason" and "in large part?" (If so, you can count me out.) No, I am not arguing "semantics." In several previous posts, I have precisely quantified what I have meant, and you have chosen to ignore my specific numerical supporting data. I'll try once again (probably for the last time...) I acknowledge that capital gains tax receipts have played a minor role in recent years. I adjusted for this effect on total individual income tax receipts. Even after this adjustment, taxes on individuals are still 9.4% of GDP in 2000, which is still a record high since 1944. So, my point is that increased capital gains tax receipts did not cause the record high of individual taxes as a % of GDP in 2000. We are still at a record high right now even after adjusting for capital gains.