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: TigerPaw who wrote (207452)	12/5/2001 8:52:00 PM
From: DOUG H	Read Replies (1) \| Respond to of 769670

the purchase of a lot more corporate jets is a more likely outcome, maybe they'll hire a flight attendant. And employ everyone to build the engine, and everyone needed to build the airframe, and the intereior, and the tires, and trhe onboard computers, and more work for the groundcrews.................. That's how it's done in America.

To: TigerPaw who wrote (207452)	12/6/2001 3:02:41 AM
From: greenspirit	Read Replies (2) \| Respond to of 769670

res- You, I, and the Congress have no idea what people would decide to do with tax breaks. The assumption being that we should know what everyone is doing with their tax break money. It's their money! They can do with it anything they wish. Stuff it under your mattress or buy a few kegs of beer and throw a party. I could care less. Modern liberal Democrats seem to consistently want to snoop into every tax-payers private life and moralize about how they are spending their money. Why are liberal Democrats constantly trying to force their morality on everyone else? Do you think you can model a 10 Trillion dollar economy and determine where best to spend our money or something? When Democrats got their way and passed the luxury tax years ago, the boat industry was nearly destroyed. Wealthy people who eventually had the tax rescinded didn't particularly suffer. It was the hard working boat builders, engineers, salesman and waitresses who served them coffee at the docks who suffered. Tax breaks stimulate the economy. The economy needs stimulating now. Bush was smart to see the tide of economic indicators during the election season and push for a tax cut. It was an intelligent move then, and it's an intelligent move now. Due to his foresight, this recession may be shorter then many believed a short while ago. We'll just have to see.... How much would you like to see taxes raised Tiger? Would you like to go back to pre-Reagan tax rates of 72%?

To: TigerPaw who wrote (207452)	12/6/2001 5:40:40 AM
From: Neocon	Read Replies (3) \| Respond to of 769670

Unlike you, I do not assume the general corruption of corporate America, or the inefficacy of capitalism. Yes, I think that allowing the retention of profits will largely produce more productive investment, which is in the interest of shareholders, and ultimately in the best interests of the officers of the company. Even were there more consumption, that would just stimulate certain sectors of the economy. More corporate jets means more jobs to build and staff them, more men on the assembly line, more pilots and navigators, more maintenance crews, etc. You have a very narrow vision.....