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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: jackhach who wrote (399481)	4/26/2003 2:01:49 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 769670

The Bush wh is in a bit of a quagmyre currently with their budget proposal, the entire reason for the huge tax cut against dividend taxes was to reinvigorate the stock market... the Bush people seem to be really clueless on fiscal matters because the real problem with the mkt (at this point) was all the warmongering which Bush himself is responsible for, as soon as he finally stops beating the war drums the mkt stabilizes (its been a full week without a war, a real cause celebre with this WH)... now we still need fiscal stimulus but not necessarily mkt stimulus, instead something that would stimulate JOB GROWTH is required... the Bush plan doesn't address that. This stuff is just obvious but not to the Bush economic team apparently who are a bunch of old cronys who "don't get it". Dividend tax cuts actually have a net effect of taking investment capital AWAY from growth companies where all the job growth is likely to come from, this is why the republicans in the technology industry oppose the Bush plan when they generally support most any other tax cut.

To: jackhach who wrote (399481)	4/26/2003 2:11:31 PM
From: George Coyne	Read Replies (1) \| Respond to of 769670

Jack, What so many don't, or feign not to, understand is that the govt. is NOT giving more money to the affluent! They are taking LESS AWAY! Now, in your own words -- what will a tax cut of $750 billion of which over roughly 93% (not my math - the Office of Management & Budget) goes to those already making $300,000 a year or more?

To: jackhach who wrote (399481)	4/26/2003 3:51:42 PM
From: LindyBill	Respond to of 769670

Note: the question is sincere and not meant to be antagonistic. Jack, I look on the proposal as overdue Tax reform.And a good move when considered that way. On top of that, when you allow the top end people to keep more of what they earn, it goes into investment, which is always needed. The economy is so huge that anything the Pols come up with for stimulus is just "eye wash," left or right, IMO. So doing some needed tax reform and calling it stimulus is a good way to go.

To: jackhach who wrote (399481)	4/26/2003 4:16:33 PM
From: Thomas A Watson	Read Replies (1) \| Respond to of 769670

yes, I do wonder how omb makes up that number. If an institutional investor is over 300k and has 80% ownership by those less then 300k opps! A small business employing 10 to 50 people, yes it's over 300k.. and on and on. Anyone can fabricate a no thinking it's 95% for the .... How many corporations are over 300k.... A company has more money to invest and it won't help... I wonder what fact is not 100% accurate at that site you claim is not neutral. Will you have more of every cent you need to spend to get by. yes the dems whine on.