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**quottrethew** · 09-11-2011, 07:08 PM

Exactly..so why is WALL STREET so happy ?

They are happy, becuse the deflated economy is GOOD for business, and the shortfall is underwritten by a 35%, as opposed to a 39.6% tax rate

Fact is: They are happy when they can earn a return on anything.. It doesn't have to be good for the US. It doesn't have to be good for Main Street or our long term economic outlook.. It's a return, and that's all they care about.

Lower tax rates are irrelevant.. Spending is relevant.

09-11-2011, 07:08 PM	#12
quottrethew Join Date Oct 2005 Posts 478 Senior Member	Exactly..so why is WALL STREET so happy ? They are happy, becuse the deflated economy is GOOD for business, and the shortfall is underwritten by a 35%, as opposed to a 39.6% tax rate Fact is: They are happy when they can earn a return on anything.. It doesn't have to be good for the US. It doesn't have to be good for Main Street or our long term economic outlook.. It's a return, and that's all they care about. Lower tax rates are irrelevant.. Spending is relevant.
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