October 23, 2003

Another Tax Cut?

There are rumors going around that Bush will propose another tax cut next year, which is not coincidentally an election year. Roll Call quotes a "White House insider", who says that Bush aides hope the new plan with cause "Democrats’ heads to explode." He added: "I don’t think they can handle another tax bill."

"How unseemly is it to be running a half-trillion dollar deficit and be proposing even more tax cuts for the well-to-do?" asked Dan Maffei, a spokesman for Rep. Charlie Rangel (D-N.Y.), ranking member of the House Ways and Means Committee.

-- posted by Gunnar at October 23, 2003 02:28 AM - TrackBack
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