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Re: [RT] Tax Cuts



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Then this must be the reason that America is still 
great if your assumptions are correct. 
 

Below is a mathematics 
lesson you were probably never taught in school. From a strictly 
mathematical viewpoint it goes like this: What Makes 100%? What does 
it mean to give MORE than 100%? Ever wonder about those people who say they 
are giving more than 100%? We have all been to those meetings where someone 
wants you to give over 100%. How about achieving 103%? Here's a little 
mathematical formula that might help you answer these questions: 
What makes up 100% in life? If: A B C D E F G H I J K L 
M N O P Q R S T U V W X Y Z is represented as 1 2 3 4 5 6 7 8 9 10 11 12 
13 14 15 16 17 18 19 20 21 22 23 24 25 26. Then: H-A-R-D-W-O-R-K 
8+1+18+4+23+15+18+11 = 98% K-N-O-W-L-E-D-G-E 
11+14+15+23+12+5+4+7+5 = 96% A-T-T-I-T-U-D-E 
1+20+20+9+20+21+4 5 = 100% B-U-L-L-S-H-I-T 
21+12+12+19+8+9+20 = 103% AND, look how far ass kissing will 
take you. A-S-S--K-I-S-S-I-N-G 1+19+19+11+9+19+19+9+14+7 =118% 
So, one can then conclude with mathematical certainty that: While, 
Hard work and knowledge will get you close, And, Attitude will get you 
there,Bullshit and Ass kissing will put you over the top. 

<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Kent 
  Rollins 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Wednesday, May 28, 2003 5:36 
  AM
  Subject: Re: [RT] Tax Cuts
  
  Our tanks are pretty cool.
   
   
  ----- Original Message ----- 
  From: <A 
  title=mar.ko@xxxxxxxxxxx href="">Mark Simms 

  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Wednesday, May 28, 2003 12:33 AM
  Subject: RE: [RT] Tax Cuts
  
  <FONT color=#0000ff 
  size=2>Exactly....AMERICA - Land of the consumers; INDIA/CHINA - Land of the 
  producers.
  We can't 
  produce anything except <bullshit> from lawyers and insurance companies 
  in this country anymore....that's our biggest product now.
  Wait, I forgot 
  our beloved government...add them to the bullshit list with all of those 
  security consultants and analysts who so incompetently allowed 9-11 to happen. 
  Great job, guys..How much do you get paid again 
?
  <FONT color=#0000ff 
  size=2> 
  With H1-B and 
  L1 visa programs promulgated by some liberal "I hate those overpaid techies" 
  senators,
  the WHOOSH of 
  technology to overseas firms has been INCREDIBLE and without 
  PRECEDENT.
  As a result, 
  America is losing technology dominance....a terrible, 
  long-term trend.
  <FONT color=#0000ff 
  size=2> 
  What is your 
  government doing for YOU today ?
  Bullshit is the 
  answer.
  <FONT color=#0000ff 
  size=2> 
  <BLOCKQUOTE 
  >
    <FONT face=Tahoma 
    size=2>-----Original Message-----From: Navtej S. Nandra (RR) 
    [mailto:nnandra@xxxxxxxxxx]Sent: Tuesday, May 27, 2003 10:08 
    PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Tax 
    Cuts
    Can't speak to the current tax proposal and its 
    trade-offs, but here are some simplistic thoughts:
    1)  Investments create businesses create 
    jobs
    2)  Business and jobs create money 
    velocity and more investments
    3)  See 1) above
     
    Any stimulus that helps investments in 
    businesses is good, because it creates income producing long term 
    assets.
     
    But right now, we are doing two things that do 
    not address the above.  For one thing, we (as in the captains of 
    industry) are outsourcing our businesses overseas (manufacturing, 
    commodities, services) and for another, our (as in elected representatives) 
    policies support consumer income over business investments.
     
    So we are not doing much to create US based 
    businesses and are using a subsidy from lower interest rates (via HELOCs, 
    mortgages) as well as tax give backs to create a consumer spending 
    lift.  Much of which is paying for oil and goods that we import 
    from others.
     
    Not suggesting we change interest rates or tax 
    policy or free trade ... but definitely suggesting that we should do 
    something meaningful that makes investment in US industry a better 
    opportunity than outsourcing.
     
    I think a 3 year horizon will probably see 
    significant global money flow into countries like India, China, Vietnam, 
    Thailand, etc.
     
    The good news?  We continue to be the 
    world's largest consumers of stuff.  So trade flows have to rely on us 
    and our (gasp) foreign policy.
     
    ----- Original Message ----- 
    <BLOCKQUOTE 
    >
      <DIV 
      >From: 
      Charles Marchand 
      
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="">realtraders@xxxxxxxxxxxxxxx 
      
      Sent: Tuesday, May 27, 2003 10:08 
      PM
      Subject: Re: [RT] Tax Cuts
      Kent,         
      Good points -- tax breaks for R&D, capital spending, etc. are 
      effectively tax cuts designed to stimulate some part of the 
      economy.  Whether they work or not seems to depend on who you 
      talk to.  Personal tax rates today are lower than the marginal 
      rates of up to 70%  that prevailed for most of the post WWII 
      period (90% briefly during the Korean War), but we have the 
      Alternative Minimum Tax hitting a larger number of high income 
      families every 
      year.         The 
      elimination of taxes on dividends had an immediate impact on the 
      Utilities.  Since money flees taxation, the dividend tax elimination 
      will probably continue to favorably impact dividend yielding Dow 30 / 
      SnP 500 stocks while drawing money from the Hope & Glory 
      NAZ.  Will this weaken investment in new US technology?  
      REITS don't participate in the dividend tax relief.  Will this 
      take some air out of real estate?   Will this tax policy 
      draw some widow and orphans' money from CD's, bonds or T-Bills?  
      What will be the effect on foreign investment in the U. S. 
      market?  Will it be extended beyond the three year period?  
      I don't have a clue.  Ideas 
      welcomed!         BTW -- 
      Ref the suggestion that if you don't pay taxes, you don't vote -- 
      30-odd years ago oilman HL Hunt floated a tongue-in-cheek proposition 
      that the more taxes you pay, the more votes you should have.  He 
      suggested that people would be falling all over themselves to pay more 
      in taxes.Charles MarchandAt 01:21 PM 5/27/2003 -0400, 
      you wrote:>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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