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RE: [RT] Tax Cuts



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No wonder the 
country is overrun by lawyers who are "on top" power-wise and 
income-wise.....
they are masters 
at bullshit and ass-kissing.
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  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Ira 
  [mailto:mr.ira@xxxxxxxxxxxxx]Sent: Wednesday, May 28, 2003 10:09 
  AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Tax 
  Cuts
  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. 
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    ----- 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> >> >> >> >Yahoo! 
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