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

To: longnshort who wrote (266243)	12/28/2005 1:43:44 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 1574854

RE:"The tax cuts have brought it more tax revenues" Baloney, that Clinton 1996 tax break is costing the deficit est. $50 billion a year.

To: longnshort who wrote (266243)	12/28/2005 4:10:49 PM
From: tejek	Read Replies (1) \| Respond to of 1574854

The tax cuts have brought it more tax revenues Only in the past few months have tax revenues barely come back up to the level they were prior to Bush's implementation of tax cuts and the housing boom is believed to be responsible for that increase. Unfortunately, the housing boom is slowing and current thinking is that revenues will go back down. We've had what 4-5 years of tax cuts.....a huge loss of revenue......that have given us roughly six months of revenues at levels comparable those in 2000 and 3 1/2 years of below par revenues, an unemployment rate that refuses to go below 5%, job growth that is weak and of poor quality. Tell me again how tax cuts were supposed to make everything wonderful.