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Politics : PRESIDENT GEORGE W. BUSH
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To: Lazarus_Long who wrote (451894)9/2/2003 11:03:55 PM
From: Lizzie Tudor  Read Replies (1) of 769670
 
I don't propose to stop it.
I think we should level the playing field for the US worker and move the "payroll tax" to some other general income based tax. Maybe even a consumption tax, or a flat income tax, whatever but we just cannot afford to ask employers to pony up an entire offshore salary as a tax just for the priviledge of hiring a US worker.

So wrt to this administration, my feeling is the dividend tax cut should have been directed at the payroll tax.

I would negotiate with China to get their yuan floated, we would have tremendous leverage with them too, if we weren't running this huge deficit.
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