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To: Road Walker who wrote (133180)4/23/2001 8:55:44 AM
From: Scumbria  Respond to of 186894
 
John,

A sincere paranoid (Scumbria?) might find it interesting that with a new President from Texas we are getting a tax cut that will mostly go directly to increased sales/profits at the large oil companies.

Paranoid? I'm very bit as paranoid as the kid in "The Emperor's New Clothes".

Scumbria



To: Road Walker who wrote (133180)4/23/2001 9:30:20 AM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
John, RE: A sincere paranoid (Scumbria?) might find it interesting that with a new President from Texas we are getting a tax cut that will mostly go directly to increased sales/profits at the large oil companies.

How so?

GW is proposing a tax cut on individual marginal rates. I didn't think he was doing anything to corporate rates.

You could argue that some of Bush's other plans will result in increased sales/profits at the large oil companies (i.e. the Arctic Wildlife Refuge issue) but that won't affect anything for another decade at least. The current boom in profits at the Seven/Six/Five Sisters is unrelated to Bush. If you want to link this boom to a president, Clinton is much more to blame than Bush given Clinton's complete lack of an energy policy.