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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (34230)3/13/2004 11:21:56 AM
From: michael97123  Read Replies (1) of 793789
 
Bill,
I have changed my belief slightly on tax cuts. I dont think that when bush next moves to make cuts permanent that it would be out of line to review the final rates, the dividend rate and the estate tax elimination. Kerry has scored points on all three in a demogogic fashion.
What bush needs to do is adjust the rates to encourage the consumer with perhaps a small upward push in high bracket rate. 1% wont hurt anything nor would higher minimums on the estate tax not elimination. And of course cut spending and perhaps expand tax breaks for the middle class to encourage spending.
Furthermore someone in the admin needs to take on kerry on outsourcing pointing out what the benefits are. Most americans benefit from free unfettered trade. Combine that with better education and retraining.
Benign neglect wont work for bush and meeting these issues head on with small compromise on taxes and defense of free trade that the average american will understand is a good thing. Re: the latter imagine an ad showing a consumer at walmart paying $5 for a shirt instead of $20 or an Indian in bangalore using dell equipment, cisco routers eating a macdburger and wearing a shirt designed by Ralph Lauren but manufactured in china where you see a chinese person using a dell computer driving a chevy eating a burger and watching a disney movie. And so on. Americans are stupid only when politicians approach them that way. There are plenty of union guys shopping at Walmart. Mike
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