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05-23-2003
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Members
Join Date: Oct 2002
Posts: 1,156
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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.
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