Re: Wealth trends and Bush's tax cuts L3

2003-03-03 Thread Dan Minette
- Original Message - From: Erik Reuter [EMAIL PROTECTED] To: Killer Bs Discussion [EMAIL PROTECTED] Sent: Saturday, March 01, 2003 5:20 PM Subject: Re: Wealth trends and Bush's tax cuts L3 On Sat, Mar 01, 2003 at 12:15:18PM -0600, Dan Minette wrote: From: John D. Giorgis [EMAIL

Re: Wealth trends and Bush's tax cuts L3

2003-03-03 Thread Erik Reuter
On Mon, Mar 03, 2003 at 12:43:00PM -0600, Dan Minette wrote: The measures of performance that I know of do not appear to favor debt financing. Maybe RONCE does, because its net capital, but other figures, such as equity, PE ratio, the Acid test, all favor lower debt. No, they do not favor

Re: Wealth trends and Bush's tax cuts L3

2003-03-01 Thread Dan Minette
- Original Message - From: John D. Giorgis [EMAIL PROTECTED] To: Killer Bs Discussion [EMAIL PROTECTED] Sent: Saturday, February 22, 2003 1:21 PM Subject: Re: Wealth trends and Bush's tax cuts At 10:02 AM 2/22/2003 -0600 Dan Minette wrote: On what basis do you state that he agrees

Re: Wealth trends and Bush's tax cuts L3

2003-03-01 Thread Erik Reuter
On Sat, Mar 01, 2003 at 12:15:18PM -0600, Dan Minette wrote: From: John D. Giorgis [EMAIL PROTECTED] At 10:02 AM 2/22/2003 -0600 Dan Minette wrote: And, of course, all earned income about 75k (or so) for an individual is excluded from SS taxes. So, this further concentrates the tax. or

Re: Wealth trends and Bush's tax cuts

2003-02-25 Thread Julia Thompson
Bryon Daly wrote: John D. Giorgis wrote: At 10:02 AM 2/22/2003 -0600 Dan Minette wrote: Bush has another double taxation he could have eliminated: taxes on the money which pays the Social Security tax. Is the fact that that mainly benefits individuals who make 75k/year and that he

Re: Wealth trends and Bush's tax cuts

2003-02-24 Thread Bryon Daly
John D. Giorgis wrote: At 10:02 AM 2/22/2003 -0600 Dan Minette wrote: Bush has another double taxation he could have eliminated: taxes on the money which pays the Social Security tax. Is the fact that that mainly benefits individuals who make 75k/year and that he doesn't favor this a

Re: Wealth trends and Bush's tax cuts

2003-02-22 Thread Richard Baker
John said: Unfortunately, I guess that since this isn't science, you can pose your political posturing as a logical conclusion, right? Mathematics isn't science and yet has logical conclusions. Rich GCU Just One Example ___

Re: Wealth trends and Bush's tax cuts

2003-02-22 Thread Dan Minette
- Original Message - From: John D. Giorgis [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Friday, February 21, 2003 8:55 PM Subject: Re: Wealth trends and Bush's tax cuts At 01:20 PM 1/26/2003 -0600 Dan Minette wrote: So, Bush unvails a plan to focus tax cuts on dividends, thus

Re: Wealth trends and Bush's tax cuts

2003-02-22 Thread John D. Giorgis
At 10:02 AM 2/22/2003 -0600 Dan Minette wrote: On what basis do you state that he agrees with most ecconomists? Greenspan came out against his tax cut. Now, if his tax cut were offset with other tax increases that target the same income level, then there might be a point to this. That's

Re: Wealth trends and Bush's tax cuts

2003-02-22 Thread Reggie Bautista
JDG wrote: The logical conclusion of this is that Bush agrees with most ecnomists in that the double-taxation of dividends is a bad idea. The double-taxation of divendends may be a bad idea, but there are far worse ideas spread throughout the tax code, and fixing many of those would give big tax

Re: Wealth trends and Bush's tax cuts

2003-02-22 Thread John D. Giorgis
At 01:53 PM 2/22/2003 -0600 Reggie Bautista wrote: The double-taxation of divendends may be a bad idea, but there are far worse ideas spread throughout the tax code, and fixing many of those would give big tax relief to the bottom 95% of wage-earners in the US, unlike Bush's plan. Such as?

Re: Wealth trends and Bush's tax cuts

2003-02-22 Thread Reggie Bautista
I wrote: The double-taxation of divendends may be a bad idea, but there are far worse ideas spread throughout the tax code, and fixing many of those would give big tax relief to the bottom 95% of wage-earners in the US, unlike Bush's plan. JDG replied: Such as? Last year my mother-in-law, who

Re: Wealth trends and Bush's tax cuts

2003-02-21 Thread John D. Giorgis
At 01:20 PM 1/26/2003 -0600 Dan Minette wrote: So, Bush unvails a plan to focus tax cuts on dividends, thus preferentially cutting the taxes of those who already are the most wealthy. The logical conclusion is that he thinks the trend of concentration of wealth is a good thing. I don't. Does

Re: Wealth trends and Bush's tax cuts

2003-02-21 Thread Deborah Harrell
--- John D. Giorgis [EMAIL PROTECTED] wrote: Dan Minette wrote: So, Bush unvails a plan to focus tax cuts on dividends, thus preferentially cutting the taxes of those who already are the most wealthy. The logical conclusion is that he thinks the trend of concentration of wealth is a good

Wealth trends and Bush's tax cuts

2003-01-26 Thread Dan Minette
The Federal reserve has just issued its latest report on net worth in 2001, and the distribution thereof. Not unexpectedly, the tend of wealth concentration continues. The top 10% now has 80.7% of total net worth in the United states, up from 78.9% in '92. The bottom 50% now has 1.3% compared

Re: Wealth trends and Bush's tax cuts

2003-01-26 Thread Marvin Long, Jr.
On Sun, 26 Jan 2003, Dan Minette wrote: So, Bush unvails a plan to focus tax cuts on dividends, thus preferentially cutting the taxes of those who already are the most wealthy. The logical conclusion is that he thinks the trend of concentration of wealth is a good thing. I don't. Does

Re: Wealth trends and Bush's tax cuts

2003-01-26 Thread The Fool
From: Dan Minette [EMAIL PROTECTED] The Federal reserve has just issued its latest report on net worth in 2001, and the distribution thereof. Not unexpectedly, the tend of wealth concentration continues. The top 10% now has 80.7% of total net worth in the United states, up from 78.9% in

Re: Wealth trends and Bush's tax cuts

2003-01-26 Thread Erik Reuter
On Sun, Jan 26, 2003 at 01:20:31PM -0600, Dan Minette wrote: The Federal reserve has just issued its latest report on net worth in 2001, and the distribution thereof. Not unexpectedly, the tend of wealth concentration continues. The top 10% now has 80.7% of total net worth in the United

Re: Wealth trends and Bush's tax cuts

2003-01-26 Thread Dan Minette
- Original Message - From: Erik Reuter [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Sunday, January 26, 2003 2:57 PM Subject: Re: Wealth trends and Bush's tax cuts Do you mean net worth includes the equity one has in one's home? It doesn't seem to make sense to add the mortgage