Reply #3: existance of tax cut depends on who you talk to [View All]

[Pez]

married couples with children ~do~ receive a considerable tax cut. to do away with this while the economy is tanked as it is would very much be a problem.

i agree with kerry's plan to leave in the tax cuts that democrats in congress fought for. i think your example of debt is right on-- it might not be debt to pay for utilities, but it could be for clothes, school supplies, food... people fall back on their credit cards before they sacrifice. creating an environment where people would go into debt for a few years until the economy recovers will essentially erase any benefits the middle class might get in the future.