Bush readies more tax breaks (Oliphant - Boston Globe)

[chimpymustgo]

By Thomas Oliphant, 11/18/2003

WASHINGTON
POSING AN interesting challenge to the Democrats running for president, Treasury Secretary John Snow last week dusted off yet another package of tax cuts for the you-know-who that President Bush would love to make part of his reelection year agenda. So many highest-income shelters to create, so little time.

Coming after a third round of goodies last spring and an autumn crammed with corporate scams (from the oil and gas boys to health insurance companies), the next round is designed to slip through the back door a virtual exclusion of investment income from taxation.

The rhetoric will be all about promoting saving, but the reality will be something quite different -- part of a careful rearrangement of the tax burden, as Senator John Edwards likes to say, away from wealth and onto ordinary income (the kind you work for).

Edwards has been getting favorable attention in recent weeks for arguing that it will not do, it is not enough, for Democrats simply to get angry at this unprecedented looting of the Treasury for the benefit of those who can afford four grand per couple for Bush's reelection campaign. It is a soft jab at Howard Dean's movement, which the former Vermont governor led in an angry chant -- "You have the power" -- at the big weekend party dinner in Des Moines.

The North Carolina senator argues that presenting alternatives is a more effective way to attract support. It is such an appealing point that Senator John Kerry joined him in making it, to equally favorable notice, at the same Iowa dinner. This could catch on.

-snip-


It might make sense, in other words, if Democrats concentrated a little less on their anger and a little more on addressing these painfully real problems, which Edwards does in five ways:

-snip - much more at...

http://www.boston.com/news/politics/president/bush/articles/2003/11/18/bush_readies_more_tax_breaks/

*******

Excellent analysis and advice from a strong, steady liberal.

[onebigbadwulf]

1. Dayurrrrrrrr...

"If cutting taxes is gud...then eliminating taxes must be GRATE!" -GW

[alfredo]

2. He needs to be outed for his lies.

He wants all our tax money to go to the rich and their war machine, excluding the soldiers.