Next President to Face Pressure on Taxes - good article

[democratreformed]

Link: http://start.earthlink.net/newsarticle?cat=9&aid=D84TCQ3O1_story

Excerpts:

NEW YORK - At their national convention, Republicans were short on specifics on how to pay for an economic agenda in a second Bush administration. One reason is that President Bush could end up having to back a tax increase, just as his father did.

SNIP

"Taxes are going up next year no matter who wins the presidency in November," concluded conservative economist Bruce Bartlett, who advised both Ronald Reagan and the first President Bush.

SNIP
In his convention speech, Bush laid out an expensive economic agenda for a second term. He did not offer any bold new strokes, as some people had expected. Instead, the ideas were mostly earlier initiatives that were dusted off. His focus before the GOP delegates was on the fight against terrorism and other national security efforts.

[Nay]

1. "Bush laid out an expensive economic agenda" for next 4

years...yes, he did, and he plans to NOT fund any of it, just like he did for the past 4 years. He plans to lower taxes on the rich again and starve gov services, not expand them.

[stray cat]

2. Bush will shift tax burden even more to middle class

Bush's whole goal has been to starve the government so it becomes largely irrelevant except for defence. Kerry will prevent the tax cut from becoming permanant for the top 2% of americans and won't allow the estate tax for multimillionaires to be completely repealed.

Bush will protect his wealty "base" at all counts. He figures working americans will never have sufficient resources to complain or will be too stupid to see what he is doing. Tort reform and tax reform in Bush Speak is another way to burn working americans.

[topanga]

3. In my book, anyone who earns $50,000.00 a year

Is rich and needs to share with those of us who aren't. It is a simple matter of those who have, give to those who haven't. That way everyone is brought a little bit higher.

Isn't that what being human is all about?

[MikeG]

4. If Bush wins he won't raise taxes.

He wants to starve the government of money.

He does not care who suffers.