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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Whist who wrote (55506)10/31/2000 10:08:52 PM
From: Frank Griffin  Read Replies (2) | Respond to of 769670
 
There is little doubt in my mind that Bush will not attempt to simplify the tax code and make it more fair to all Americans. I do not believe for a second he will try to use it to punish any group but will try to make it fair to every person or corporation. And, I believe he will make fairness his flagship consideration. And, to campaign reform. What the democrats are proposing is not fair. It is a sham. They don't want to bring labor union money under the reform, for instance. The labor unions spend about as much money as any source so if they are not included you don't have reform. I believe if you talk reform it either has to be all inclusive or it won't work.



To: Mr. Whist who wrote (55506)10/31/2000 10:22:57 PM
From: Catfish  Respond to of 769670
 
flapjack,

If Bush is elected, he will reduce the number of tax brackets from top to bottom, and reduce the bottom rate from 15% to 10%. A young couple making $20,000 year would get tax relief of approximately $1665 per year.

Under Gore's plan, the same couple would get relief in the amount of an extimated $245 per year.

The Wall Street Journal published an editorial about 4 weeks ago regarding the upper income limits of both plans. Surprisly, the income levels were better off under Gore's plan. I do not have time to seach for the article in the WSJ archives, but it is there if you care to do the research.