Tax cuts cause recessions, or booms of the economy?

I'm going to go more with the former, than the latter.

Hoover cut taxes BAM the great depresssion of 1929.

Reagan cut taxes BAM the recession of 1982.

W. Bush cut taxes BAM the Great recession of 2007.


It seems there's absolutely no evidence that cutting taxes does much of anything positive for the economy.

It seems quite the opposite, we have more evidence that cutting taxes cause recessions.

Which could make a ton of sense, considering when the rich get tax cuts, they tend to buy up housing investments, and stocks causing a inflated market, which bursts into a bad economy AKA Bust & Boom cycle.



Even Libertarians like Austrian economist Hayek have spoken of Bust & Boom cycle, by Hayek's own account he theorized that cutting interest rates inflated the market investment, forming a Bust & Boom cycle.

Now, expland that to NOT JUST cutting interest rates, but also cutting taxes, and you're having very similar over-inflation of the market.

BAM?
No mention of the mechanism?

I didn't mention the mechanism??

Oh I did in fact, I theorized that Tax-Cuts cause inflated markets such as in Housing & Stock which cause BOOM & BUST cycle.

That's kind of what happened with W. Bush, No?

No, that's not what happened with Bush. At all.

So, the Housing bubble didn't over-inflate under W. Bush??????????

That was actually being spoken of BEFORE the collapse, and yes obviously lowering taxes, especially on the rich does lead to rich using their tax cuts on investing in the Housing market more, thus leading to an over-inflated Housing Market.

You keep looking at the effect and thinking it's the cause. Bush's tax cuts produced higher revenue yields to the federal government for 3 straight years. I know this b/c Obama signed his name on the cover of the report showing this to be true. The housing market collapse was not the fault of tax cuts. The federal government told the banks they were free to gamble however much they wanted and that their losses would be picked up by the American taxpayer. So that's exactly what the banks did.
 
I'm going to go more with the former, than the latter.

Hoover cut taxes BAM the great depresssion of 1929.

Reagan cut taxes BAM the recession of 1982.

W. Bush cut taxes BAM the Great recession of 2007.


It seems there's absolutely no evidence that cutting taxes does much of anything positive for the economy.

It seems quite the opposite, we have more evidence that cutting taxes cause recessions.

Which could make a ton of sense, considering when the rich get tax cuts, they tend to buy up housing investments, and stocks causing a inflated market, which bursts into a bad economy AKA Bust & Boom cycle.



Even Libertarians like Austrian economist Hayek have spoken of Bust & Boom cycle, by Hayek's own account he theorized that cutting interest rates inflated the market investment, forming a Bust & Boom cycle.

Now, expland that to NOT JUST cutting interest rates, but also cutting taxes, and you're having very similar over-inflation of the market.

BAM?
No mention of the mechanism?

I didn't mention the mechanism??

Oh I did in fact, I theorized that Tax-Cuts cause inflated markets such as in Housing & Stock which cause BOOM & BUST cycle.

That's kind of what happened with W. Bush, No?

No, that's not what happened with Bush. At all.

So, the Housing bubble didn't over-inflate under W. Bush??????????

That was actually being spoken of BEFORE the collapse, and yes obviously lowering taxes, especially on the rich does lead to rich using their tax cuts on investing in the Housing market more, thus leading to an over-inflated Housing Market.

You keep looking at the effect and thinking it's the cause. Bush's tax cuts produced higher revenue yields to the federal government for 3 straight years. I know this b/c Obama signed his name on the cover of the report showing this to be true. The housing market collapse was not the fault of tax cuts. The federal government told the banks they were free to gamble however much they wanted and that their losses would be picked up by the American taxpayer. So that's exactly what the banks did.

Well, I don't know it's just tax-cuts don't seem to do much.

60 year study says tax-cuts don't lead to economic growth.

Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds - The Atlantic

The manufactured Republican tax cut growth myth.

Perspective | I helped create the GOP tax myth. Trump is wrong: Tax cuts don’t equal growth.

Morgan Stanley thinks Trump's tax-cuts might cause another Recession.

https://www.businessinsider.com/tax-cuts-could-make-the-next-recession-worse-morgan-stanley-2018-4

Paulsen thinks Trump's tax cuts might cause another Recession.

https://www.marketwatch.com/story/tax-cut-could-push-the-us-into-recession-says-paulsen-2017-12-06

Reuters thinks Trump's tax cuts might cause problems ahead.

https://www.reuters.com/article/us-...-sugar-high-then-economic-slump-idUSKBN1DH211

Economists warn of Trump tax cut recession.

https://www.axios.com/2020-recession-trump-tax-cuts-b7365eb1-e140-41cf-8b3c-15b1c86252e5.html
 
This thread is hilarious, sky high taxes are good riiiiiiiiiight. :auiqs.jpg:

He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.
 
This thread is hilarious, sky high taxes are good riiiiiiiiiight. :auiqs.jpg:

He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.
 
This thread is hilarious, sky high taxes are good riiiiiiiiiight. :auiqs.jpg:

He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

LMAO sky high taxes good, run on that. :auiqs.jpg:
 
This thread is hilarious, sky high taxes are good riiiiiiiiiight. :auiqs.jpg:

He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.
 
This thread is hilarious, sky high taxes are good riiiiiiiiiight. :auiqs.jpg:

He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.
 
This thread is hilarious, sky high taxes are good riiiiiiiiiight. :auiqs.jpg:

He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

If you think a healthcare system with rationing and no innovation is a good idea,
there are plenty of other countries where you can go.
 
He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

If you think a healthcare system with rationing and no innovation is a good idea,
there are plenty of other countries where you can go.

Why should Americans pay more for healthcare & not live as long?????

I want better for Americans.

Republicans always want worse for Americans, because they're idiotic, and dirty people by their very essence.
 
This thread is hilarious, sky high taxes are good riiiiiiiiiight. :auiqs.jpg:

He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

LMAO Americans don't want that. The rich already pay more than their fair share. You seem brainwashed with liberal talking points, why don't you move to Sweden and go live your dream.
 
Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

If you think a healthcare system with rationing and no innovation is a good idea,
there are plenty of other countries where you can go.

Why should Americans pay more for healthcare & not live as long?????

I want better for Americans.

Republicans always want worse for Americans, because they're idiotic, and dirty people by their very essence.

That's it, let your liberal intolerance and hatred out for all to see. Newsflash Americans in 30 states disagree with you and voted for Trump.
 
Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

If you think a healthcare system with rationing and no innovation is a good idea,
there are plenty of other countries where you can go.

Why should Americans pay more for healthcare & not live as long?????

I want better for Americans.

Republicans always want worse for Americans, because they're idiotic, and dirty people by their very essence.

Why should Americans pay more for healthcare & not live as long?????

How much does our healthcare spending impact inner city murders?

Are you surprised that white Europeans live longer than black Americans?

If you want to wait 60 days to see a specialist and then another 60 days to get treated,
socialized medicine is the route for you.
 
He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

LMAO Americans don't want that. The rich already pay more than their fair share. You seem brainwashed with liberal talking points, why don't you move to Sweden and go live your dream.

I don't think Sweden is accepting Polish refugees with no skills.
 
He's surprisingly stupid.

Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

LMAO Americans don't want that. The rich already pay more than their fair share. You seem brainwashed with liberal talking points, why don't you move to Sweden and go live your dream.

It's actually a great thing to loosen up money from rich horders, or over-investors.'

Rather than funneling extra money into the housing market & stock market causing artificial inflation BOOM & BUST cycles leading to recession.

You put the money back into the pocket of the poor, and middle class & in the process create more consumers & better consumers who spend back into the economy.



I'm certainly no Liberal, actually cutting taxes is Classical Liberalism.

Americans are quite a damn thing on politics.

I as a Fascist am anything but a Liberal.

You are the Liberal & don't even know it.
 
Mooching deadbeats can work a job or two and pay for their own damn health insurance.
 
Because Bibb County, Alabama with the lowest property taxes in 2017 was "So wealthy" and Westchester County, New York with the highest property taxes in 2017 was "So poor"

Except the exact opposite is truth.

Highest and Lowest County Property Taxes—Where Do You Want to Live?

Americans are so stupid, you're right, you're basically the bowels of Europe.

Most Europeans understand taxes are necessary for civilization.

Americans being barbarians against civilization just kind of get hyper fixated on taxes, and start Chimping out.

Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

LMAO Americans don't want that. The rich already pay more than their fair share. You seem brainwashed with liberal talking points, why don't you move to Sweden and go live your dream.

It's actually a great thing to loosen up money from rich horders, or over-investors.'

Rather than funneling extra money into the housing market & stock market causing artificial inflation BOOM & BUST cycles leading to recession.

You put the money back into the pocket of the poor, and middle class & in the process create more consumers & better consumers who spend back into the economy.



I'm certainly no Liberal, actually cutting taxes is Classical Liberalism.

Americans are quite a damn thing on politics.

I as a Fascist am anything but a Liberal.

You are the Liberal & don't even know it.

Its their money, they worked hard for it, they don't owe you anything. I'm not going to work overtime to pay your damn bills, get a job, get off your ass and work hard.
 
Mooching deadbeats can work a job or two and pay for their own damn health insurance.

You're already footing the tab & have the #1 most expensive healthcare costs in the entire World.

The U.S.A turns away no ER visits of those who can't pay & uninsured.

So, instead of actually using preventive care as a doctor would use.

The government pays for top rates jacked up ER visits of those who can't pay & are uninsured.


The alternative you're talking about would be to let a ton of people die from treatable conditions.

That would be your ideal utopia, your brothers & sisters dying from lack of healthcare they can't afford.



You're NOT patriots, or Nationalists, you're cruel, idiotic, sadistic, evil Capitalist swines.

The U.S.A rural communities (Anglo & Saxon) are filled to the brim with your kind of filth.
 
Rich people pay more property taxes than poor people?

Don't tell the liberals, they'll shit themselves.

This fool is losing it now. Since the rich are paying their fair share I guess nobody needs to vote for Dem's.

How dare Americans want a system more like Sweden, where they do in fact pay more in taxes, but then get their healthcare paid for, and college paid for.

Keep in mind the average Swedish costs on healthcare & college are each about 70 cents to our 100 cents, (Give or take)

So, actually the government is saving them money there.

Especially when the rich end up footing the tab, a lot more.

Of course, that makes sense, make Bezos, Gates & Buffet 3 Democrats pay more so the masses live better.

But, making sense isn't the American way, well "We make sense more around here"

It's just Southerners are buffoons with very one dimensional thinking patterns, they lock into Thrifty Scots mode & have OCD panic attacks about taxes all irrationally.

LMAO Americans don't want that. The rich already pay more than their fair share. You seem brainwashed with liberal talking points, why don't you move to Sweden and go live your dream.

It's actually a great thing to loosen up money from rich horders, or over-investors.'

Rather than funneling extra money into the housing market & stock market causing artificial inflation BOOM & BUST cycles leading to recession.

You put the money back into the pocket of the poor, and middle class & in the process create more consumers & better consumers who spend back into the economy.



I'm certainly no Liberal, actually cutting taxes is Classical Liberalism.

Americans are quite a damn thing on politics.

I as a Fascist am anything but a Liberal.

You are the Liberal & don't even know it.

Its their money, they worked hard for it, they don't owe you anything. I'm not going to work overtime to pay your damn bills, get a job, get off your ass and work hard.

Funny the Republican Darlings PAY the LEAST in Federal Income taxes & take the most in benefits.

Why don't those filthy Chimp like scums even realize their BENEFITTING?

Maybe we should go back to the basics & allow shit-loads of Southerners die from lack of healthcare, and from lack of food stamps.

Then maybe this primitive, dirty race of people will learn what it means to be a Civilized Human.
 

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