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Hooper · 05-23-2003

That's so totally right danny. Problem with giving tax cuts to the wealthy is that the wealthy tend to save their money because they have excess. Getting people to save is what you want to do in an inflationary economy, not in a deflationary economy.

The extra $ i'll get from dividend reductions wont be spent on boats or cars, it'll likely be held in case times get tougher.

05-23-2003	#1
Hooper Members Join Date: Oct 2002 Posts: 1,156	That's so totally right danny. Problem with giving tax cuts to the wealthy is that the wealthy tend to save their money because they have excess. Getting people to save is what you want to do in an inflationary economy, not in a deflationary economy. The extra $ i'll get from dividend reductions wont be spent on boats or cars, it'll likely be held in case times get tougher. __________________ Quickbuck is paying $100 Per trial join.