[lbo-talk] tax cuts

[Max B. Sawicky]

I'd like to see that.  Of course, the rebates
are only one piece of the tax cut.

mbs

-----Original Message-----
From: lbo-talk-admin at lbo-talk.org [mailto:lbo-talk-admin at lbo-talk.org]On
Behalf Of Doug Henwood
Sent: Friday, October 17, 2003 10:37 AM
To: lbo-talk
Subject: [lbo-talk] tax cuts

Someone asked here the other day about how much of the last round of 
tax rebate checks in the U.S. was spent. Goldman Sachs is estimating 
three-quarters, and almost immediately - a very large share, compared 
with earlier precedents, and done very quickly as well.

Doug
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