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Enron Mail |
Senator Gramm,
I expect you have already considered these: 1. Rebate surpluses out of the Airline trust fund that is a collection of taxes on airline tickets. This in addition to stopping the taxes would provide needed liquidity to the airlines. 2. Accelerate depreciation, perhaps to two or three years, on all capital goods purchased before March 31, 2001. This would provide a very strong incentive for capital investment immediately. 3. Defer all corporate taxes due for the next six months and make them payable, with interest equal to AFR, over the next two years. This would effectively put the government in the position of lending to corporations at the federal government's borrowing rate. The net effect over two years is neutral, except for potential defaults, but the fiscal impact is significant. Good Luck, we need more public officials of your ilk up there. Sorry that you won't be there much longer. Regards, Mark Mark Lay 713-552-9518 CONFIDENTIALITY STATEMENT: This information is intended only for the use of the individual or entity to which it is addressed and may contain information that is confidential under applicable law. If you are not the intended recipient, you are hereby notified that any dissemination of this information is strictly prohibited. If you have received this information in error, please notify us immediately by telephone at (713) 552-9518 or by fax at (713) 552-9403, and confirm that you have destroyed this information and any copies. Thank you.
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