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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (59384)	3/10/2004 8:43:19 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 64865

well take a look at that article I just posted to Cheryl about california taxing infosys. What california is doing basically in imposing a tariff on these offshorers. Except its not a tariff, its a tax, because California cannot institute tariffs. I can't see any downside to california for doing this. Applied Materials might scream like hell because Infosys charges them a surcharge to do business here, whoopee.

To: steve harris who wrote (59384)	3/10/2004 8:58:19 PM
From: cheryl williamson	Respond to of 64865

What Lizzie just described is going to be a trend, Steve. Get used to the idea. Supply-side economics (NOT invented by or during the Reagan administration) is the tide that lifts all yachts. This year is getting to look more and more like 1932.

To: steve harris who wrote (59384)	3/11/2004 5:15:19 AM
From: JDN	Read Replies (1) \| Respond to of 64865

Wow Steve, I am PROUD of you. And to think, a post like yours showing up on the SUNW thread, that hot bed of Liberalism. hehe. Anyhow, congratulations, its people like yourself that have made this country great. I hope we can continue to produce the same sturdy person. jdn

To: steve harris who wrote (59384)	3/11/2004 2:12:56 PM
From: Steve Dietrich	Read Replies (2) \| Respond to of 64865

<<Bush give us income tax breaks. Everyone paying income tax got a cut. People that have no income were bitching, "where's my check?" Can you believe that?>> The problem with this Republican talking point is most workers pay more in payroll taxes than they do in income taxes. Something like 25% of workers don't pay income taxes but all workers pay payroll taxes. And it's the payroll tax surpluses that are being used to finance the income and estate tax cuts (taxes which are running huge deficits). Without the SS surpluses, the deficit would be more like $800 billion. So taking payroll taxes from people who don't pay income taxes and giving that money to higher income people who pay income and estate taxes is a lot like stealing from the poor to give to the rich. And i, for one, find that a little outrageous. Steve Dietrich