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Politics : PRESIDENT GEORGE W. BUSH

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To: gao seng who wrote (219620)1/17/2002 9:22:31 PM
From: greenspirit  Read Replies (3) of 769670
 
Tax-'em Teddy Disgraces Brother's Legacy
Thursday, Jan. 17, 2002
newsmax.com

"There may be no member of Congress in either party whose spending initiatives are more responsible for our $4 trillion national debt than Ted Kennedy," Stephen Moore of the Cato Institute writes in National Review Online.

"The National Taxpayers Union has given Kennedy a lifetime 'F' grade for his disservice to the taxpayers and his utter disregard for fiscal sanity," Moore writes. "So there is more than a little irony in Ted Kennedy now giving holier-than-thou lectures about fiscal responsibility. ...

"What we have here is Kennedy-economics. But it is certainly not John F. Kennedy economics. It was almost exactly 40 years ago when President Kennedy called for a 30 percent across-the-board income-tax-rate cut," Moore continues.

"JFK argued that high tax rates were one of the primary deterrents to prosperity. He said that every American should receive a tax rate reduction, because 'a rising tide of prosperity will lift all boats.' There was none of this class warfare, hate-the-rich rhetoric that has become such an unhealthy obsession with his younger brother, Tom Daschle and the modern-day Democratic party."

Hasn't Teddy heard of Arkansas' "Tax Me More Fund" for wealthy Guilty White Liberals such as himself? Why doesn't he launch a federal version or one for his home state of Taxachusetts?

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