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Politics : PRESIDENT GEORGE W. BUSH
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To: Neocon who wrote (211641)12/20/2001 11:56:03 AM
From: E. T.  Read Replies (2) of 769670
 
I don't want to profess to know what the right tax action to take is. I don't believe, however, that supply-side economics works, ie the trickledowneffect.

I know with the previous tax cut, that the person making $35,000 per year got a ham sandwich, whereas the guy in $200,000 tax bracket got a new lexus.

I agree that government debt is cheaper and better than private consumer debt.

But taxes throw me for a loop, so I'm never sure what's best or not.
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