Ravenwood - 10/15/02 02:51 PM
Both Daschle and 'Gebhardt' have mentioned that a tax cut may help stimulate the economy.
Fox News reports that Gebhardt proposed $75 billion in tax cuts "to help working families and encourage company investment in the near term."
Republicans have been saying that for years.
Gosh, the Dems want to cut taxes? Why don't I believe them? Maybe it's because they keep telling me that I don't deserve a cut in my tax rates. But here's how they can prove they're sincere, and get the tax cut they "say" they want:
1. Make last year's tax cut permanent, instead of having it be completely repealed after 10 years.
2. Accelerate last year's cut in rates, so that all of the cuts will take effect by January 1st, 2005.
3. Completely repeal the Death Tax. Too many people spend too much money on lawyers, trying to create trusts to shelter some of their estate from this double taxation. It doesn't hurt the super-rich, but it sure hurts the folks who've been smart enough and industrious enough to put away savings for their children, own their own homes, and run their own small businesses.
Dems, when you get through with that list, then I'll believe you...
Posted by: Steve at October 15, 2002 7:47 PMUmmm... What Steve said. :)
Posted by: Owen Courrèges at October 15, 2002 10:32 PMYeah, I'm not going to be fooled by the democrats for a minute. First of all, it wouldn't be the first time they've said one thing and done another. Second, you know those tax cuts are for the "working families" or "working poor", which is nothing more than redistribution.
Posted by: Ravenwood at October 16, 2002 9:44 AMRavenwood,
You are so right. The sad thing is that the "working poor" already pay no income tax at all. So, any tax break from them would just be income redistribution.
I think this is just a ploy by Gephardt and Daschle; they see the polls coming in, and they know they're going to lose seats if they don't think of something fast. So they talk like tax cutters, but come November 6th, all their talk will be forgotten.
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