Thread: Tax Cuts
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Unread 12-09-2010, 12:12 PM   #18 (permalink)
Beebs
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Quote:
Originally Posted by thekremlin View Post
1) USD doing well against the GBP or EUR is not saying much considering Ireland just got downgraded and Portugal may be next, with Italy in the wings. Not great company there.

2) I'm bearish on USD, a lot of people are bullish but I disagree with them. DXY is a pretty good way to look at how the USD is doing without comparing it directly to another currency.
Well they are the 3 major reserve currencies in the world, so it is still pretty important how valuable they are in relation to each other.

Overall, I just don't get why you think having to pay less money in taxes would upset people, even if dollar was suddenly halved in value.
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