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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: willcousa who wrote (164887)	5/3/2002 6:09:59 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

RE:"In the past, when cg taxes have been lowered it resulted in more taxes collected because people began to dispose of gain assets they had been sitting on. Somewhat counter-intuitive but lower capital gain taxes = greater tax revenue" True but when you lower the tax to ZERO it's hard to collect much in the way of revenue. Also tax cuts are inflationary due to the freeing up of money just as does the lowering of rates or printing more money. Martin Zweig reminded us of this back in the 80's. So you get one sector inflating and other tanking. That's what I mean when I say the economy is really out of whack. This makes fine tuning with rates very difficult for AG. He really can't win for losing. Jim