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Politics : Foreign Affairs Discussion Group

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To: Win Smith who wrote (146869)	10/1/2004 8:30:24 PM
From: michael97123	Read Replies (3) of 281500

No more tax cuts for the rich just the keeping of truly progressive(small p) rates and dividend stimulus--the former an attempt to get closer to the rates established by Senator Bill Bradley. 28% max in 1986 in the bipartisan tax reform act rising to 41% under bubba now moved half way back to 35%. Seems good to me. The problem aint with the taxes, its with the spending and although spending restraints were ignored in the first bush admin in order to keep the country out of deflationary depression by not being diverted by balance budget talk. Now who do you trust to not raise taxes and to lower spending in the next admin? Yes JK wants to raise taxes but with those taxes he will spend about $1.5 on new spending while at the same time throwing the economy back into recession. mike

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