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Also, it depends on which taxes are being cut and what their relative level
is. If taxes are very low (which they are not today), then tax cuts would
probably result in lower revenue.
Kent Rollins
----- Original Message -----
From: "Charles Marchand" <c_r@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, May 26, 2003 11:29 PM
Subject: Re: [RT] Tax Cuts
Lenny,
None of the above.
Tax cuts and resulting governmental income do not happen in a
vacuum. A, B, C might apply if there were no other macro-economic factors
at work in the global or national economy.
BTW -- Not interested in spin either.
Charles Marchand
At 09:43 PM 5/26/2003 -0400, you wrote:
>Charles,
> Just so I'm clear on your point of view and for the eyeballing public
> record. Please respond to the following:
>
>Tax cuts generate:
>
>A) More revenue to the US Government.
>B) The same revenue as if there were no cuts.
>C) Less revenue to the US Government.
>
>Oh, just in case, please just answer the above question A, B or C. I'm not
>interested in spin!!
>
>Thanks in advance!
>Lenny
>
>In a message dated 5/26/2003 9:27:14 PM Eastern Daylight Time,
>c_r@xxxxxxxxx writes:
>
>>Can't let this pass -- the Reagan tax cuts have become a mantra of
>>Republican policy. Fact is the tax cut of 1986 was accompanied by the
>>collapse of oil prices. In January '86 prices went from over $25/BO to
$10
>>or so. The US was using around 16,000,000 BO PER DAY. Do the math.
>>
>>Charles Marchand
>
>
>
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