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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (28359)	9/19/1998 1:09:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 94695

>> declare a budget surplus, and proceed to argue about how the surplus should be spent. << What I get a real kick out of is how no one has addressed the surplus now that the expected capital gains taxes from this year have been cut substantially from the latest market action. If the early numbers announced after the initial drop were close to accurate (3 trillion in lost money operating from memory) what is going to happen to the 30% tax that was expected to be received on that money? Lee

To: Berney who wrote (28359)	9/19/1998 5:45:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Berney; Sounds like an interesting book, really liked that "The art of taxation can be likened to plucking a goose. The goal is to get the most amount of feathers with the least amount of squawking." I find it odd that so many people complain about Tax come April, heck that is when I get to feeling patriotic. <G> The real plucking comes when we and where we'r not looking, an example is say like the Gasoline you buy, the TAX is fixed say the price of Gas goes down, but most of the TAX on it don't. ---------------- Another thing the system is good at is convincing people they made a decisions, when in reality it was made for them , and not by the people they elected, but often because some law was slipped under the door years ago, and the lawyers no longer understand it enough to get rid of it. The Federal Reserve , should not be called Federal as it is not owned or controlled by our Government. In fact it's as close a copy of Fascism as you can get without the real thing. But getting into that I will likely tempt people to split hairs about it like Clinton did about what having Sex is. <G> Jim