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To: William Hunt who wrote (165550)5/30/2002 12:18:36 PM
From: wanna_bmw  Read Replies (3) | Respond to of 186894
 
Bill, Re: "The monthly Treasury report for April shows tax revenues of $237.4 billion, or roughly 27 percent lower than for April 2001 ($331 billion)."

Please excuse my ignorance, but can you explain to me how this is possible. Don't businesses and their employees pay roughly the same in taxes, and aren't there roughly the same number of people and businesses paying taxes this year? How can it fall 27%, then? Is it all due to tax reform, or something I am not aware of? TIA.

wbmw



To: William Hunt who wrote (165550)5/30/2002 4:06:28 PM
From: John F. Dowd  Read Replies (2) | Respond to of 186894
 
WH: Ah duh what did you expect given the stock market performance and the state of corp. profits and the rising unemployment.JFD



To: William Hunt who wrote (165550)5/30/2002 5:17:57 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 186894
 
Gosh, do you mean that the government pissing away money coupled with bought and paid for legislation and political actions without concern for financial consequences will ever matter?

Well, duh.