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To: Bosco who wrote (5746)8/21/1998 2:46:00 PM
From: Zeev Hed  Respond to of 9980
 
Bosco, it does not really matter from an economic point of view if one uses tax cuts or additional spending, I would use tax cuts, such as raising the threshold for 15% and 28% by about $2000, but leaving the 36% threshold intact. That would benefit those that needs it the most and that will spend the funds, cuts in capital gains will not get back into the economy as final demand. Increases in spending have a way to grow out of the budget constraints and have a smaller impact on final demand, IMHO.

Zeev



To: Bosco who wrote (5746)8/22/1998 2:11:00 PM
From: David S.  Read Replies (1) | Respond to of 9980
 
the fed gov't does not have, and did not have a surplus - If Dell Computer used the same accounting the gov't did, Michael Dell would be in jail


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