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.

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

To: TimF who wrote (358779)	11/15/2007 7:32:20 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573694

But the issue is a federal tax plan. If the feds lower taxes, that doesn't make the states raise them, if the feds increase taxes it doesn't make the states lower them. You can't reasonably just assume and equivalent but opposite change in state or local taxes to pretend that changes in federal taxes don't matter. There is more symatry there than you might imagine. Many, many programs are a shared expense. If the Feds cuts, and people or projects start being underfunded, the states have to take up the slack. "Whacking the hedge fund managers" is probably partially justified. The more important issue to me is not "is it fair", but rather what the practical results of the tax increase will be. It would probably be positive. You DO need to get beyond the income tax thing. There are a lot more taxes that effect us all, for good or bad.