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


To: Thomas A Watson who wrote (129564)2/28/2001 12:34:03 AM
From: Nadine Carroll  Read Replies (1) | Respond to of 769667
 
Bush's proposed tax cuts will benefit large families since
it raises the child deduction.
But if you're not married, you'd better be rich to benefit:

Yearly adj. gross income Proposed 1st year savings
$20,000 $60
$60,000 $211
$500,000 $5,933
$1,000,000 $11,542

If Bush were really interested in kick-starting the
economy, he would do better to tilt the tax cut to the
lower income taxpayers; they need the money and would spend it at once.



To: Thomas A Watson who wrote (129564)2/28/2001 10:29:10 AM
From: George Coyne  Respond to of 769667
 
Thank you Tom. I'm getting tired of hearing the Bush bashers continually regurgitating the intentionally misleading, misdirecting, and divisive descriptions of the tax cut plan by the Dem leadership. Only those with minimal logical and mathematical skills could swallow their BS.