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Re: [RT] Fwd: Bond and S&P update - $18 crude oil



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Yes, it is higher than 86%.
<BLOCKQUOTE dir=ltr 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Pete Holt 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Sunday, August 08, 2004 2:38 
  PM
  Subject: Re: [RT] Fwd: Bond and S&P 
  update - $18 crude oil
  
  "if the top few percent pay something in the neighborhood of 86% of all 
  the income taxes".  Of course, they don't, so none of the rest of your 
  statement follows.
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    BobsKC 
    
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Sunday, August 08, 2004 1:53 
    PM
    Subject: RE: [RT] Fwd: Bond and S&P 
    update - $18 crude oil
    At 10:05 PM 8/7/2004 -0700, you wrote:
    <FONT face=arial color=#0000ff 
      size=2>Right on, Clyde. <FONT face=arial color=#0000ff 
      size=2>The real stoke of genius was to give the money to the top 1% 
      because, given trickle-down's inefficiency, a larger cut can be 
      justified.Let's see, if the top few percent pay 
    something in the neighborhood of 86% of all the income taxes and we have an 
    across the board tax cut, who would get the largest share of that cut?  
    Surely not those who paid it in the first place?  And who is it that 
    provide new jobs and start new businesses?  Is it the low income 
    folks?  Or could it be those who have already had success in 
    life?  Well, to hell with them, let them pay 100% of the 
    taxes!Bobp.s. ... Soon, someone will call for an end to 
    political posts to this list and I'll agree with them even though I am 
    contributing to the discussion.  I guess I need to get to my moderating 
    duties beginning with myself. 







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