Re: Ken Lay's Speech

The $1.3 trillion tax cut which is frequently quoted by the press is over 10
years, the $460 tax cut below is over five years.

Maureen Raymond
01/02/2001 12:44 PM
To: Alhamd Alkhayat/NA/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Margaret
Carson/Corp/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Ken Lay's Speech

I looked into the proposed tax cut by George W. Bush. On his website he
proposes a $460 billion tax cut over five years.
The $213 billion "energy tax" imposed from 1999 to 2001 by higher energy
prices, is roughly half of Bush's proposed tax cut.

Maureen