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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (236726)	6/10/2005 4:40:25 PM
From: RetiredNow	Respond to of 1574683

We'll see if it's a lasting trend. As far as IRaq costs, Bush has cleverly excluded them from their budget calcs. So I guess the Iraq war costs nothing? ;) Anyway, I don't know if Iraq is included in these numbers, but I'd bet not. Well, there are two components: the effective tax rates and the income base that is taxed. I think the effective tax rate has gone down, because of tax cuts, but I think the tax base has increased over the last 3 years, probably mostly to do with housing wealth and house sales turnover. So I think the 15% is more of a factor of income base increases than effective rate increases. But I'm just guessing.