SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : WHO IS RUNNING FOR PRESIDENT IN 2004

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: calgal who wrote (10957)9/5/2004 11:45:29 PM
From: calgal  Read Replies (2) of 10965
 
Bush's Economic Advantage
There's an important contrast between George W. Bush and John Kerry on economic policy, too.
by Irwin M. Stelzer
09/03/2004 2:00:00 PM
Increase Font Size
Printer-Friendly



Email a Friend
Respond to this article






THERE IS AN OLD POLITICAL SAYING: "It is better to be lucky than good." This week, President Bush was both: He gave a well-received acceptance speech to the Republican convention, and now he gets a jobs report that suggests his economic recovery program is working.

In his speech last night, the president laid out his vision for America's economic future. If re-elected, he will make permanent the tax cuts he introduced to fight the recession, and will reform the tax structure so as to lighten taxes on dividends and earnings. That means that taxes on consumption will have to go up. The word from insiders working on these reforms is that detailed plans for a shift to some form of consumption tax have already been drawn up.

Senator Kerry has a far different plan for the economy if he takes over the White House. He would repeal the tax cuts for families earning more than $200,000, and return the rate on top incomes to 39.6 percent from the Bush-created level of 35 percent. He has also promised to raise dividend and capital gains taxes on high earners.

URL:http://www.weeklystandard.com/Content/Public/Articles/000/000/004/567rwkby.asp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext