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


To: Scumbria who wrote (154716)6/21/2001 1:24:14 PM
From: jlallen  Read Replies (1) | Respond to of 769667
 
Ridiculous. The supply side tax breaks create and maintain an incentive to create jobs, etc. Its the profligate spending which needs to be checked. The longer the Repubs control Congress the better it will get. Can't expect the Repubs to undo forty years of demolibism in a single decade. A good start has been made by balancing the budget.

JLA



To: Scumbria who wrote (154716)6/21/2001 1:41:53 PM
From: Gordon A. Langston  Read Replies (1) | Respond to of 769667
 
Are consumption taxes (sales taxes and property taxes) fair? They seem that way to me. Is the only solution to tax income more progressively to achieve the illusion of fairness? Is there some reasoning or theory that the wealthier citizens make progressively more use of government services or is it merely re-distribution through tax policy?



To: Scumbria who wrote (154716)6/21/2001 2:02:19 PM
From: Bill  Read Replies (3) | Respond to of 769667
 
As I said... there is no such thing as the "Deficit Reduction Act of 1993". Clinton's legislation was called the "Omnibus Budget Reconciliation Act of 1993" with Gore casting the deciding vote in the Senate.

The only talk of deficit reduction at the time was through a number of bills sponsored mostly by republicans like Gramm's S.154 and S.1514 and Porter's H.R.3183 which sought to guarantee that any Clinton tax increase went to directly deficit reduction. These were buried in committee by democrats.

Reagan signed the only recent "Deficit Reduction Act" in 1985.

So you have a factually faulty premise, as usual.