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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (138530)	8/3/2001 1:18:06 PM
From: TimF	Respond to of 1579900

Twenty three billion worth of tax cuts to be exact. Its a travesty. A $23bil would hardly even be a good start. But $23bil of special tax breaks for a specific industry is probably not a good idea. I would prefer just having low rates while cutting out all of these special tax breaks or subsidies. Tim

To: tejek who wrote (138530)	8/3/2001 2:08:12 PM
From: Alighieri	Read Replies (1) \| Respond to of 1579900

Twenty three billion worth of tax cuts to be exact. Its a travesty. "....Big oil companies, along with the oil-drilling and equipment firms, also saw large gains. Exxon Mobil Corp. earned $4.5 billion, beating out General Electric Co.'s $3.9 billion to earn the most money in the quarter of any U.S. company...." Ted, these guys really need tax breaks and subsidies....they are taking a real bath in an economic downturn... public.wsj.com Al