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

To: calgal who wrote (357914)	2/11/2003 11:58:17 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

Re: "This is a growth package -- not a stimulus package," Snow said. >>> Well, the second part of that construction is demonstrably correct: there is very little 'stimulus' in the plan... as the WH has now admitted on multiple occasions. >>> So our near hopelessly inept 'news media' should quit calling it 'the stimulus plan'. >>> As to the first part - "this is a growth package" - that remains to be proven. There is growth, and then there is even faster growth. >>> This conflicted mismash of a 'plan' is unlikely to do very much for increasing the growth rate of our country (and no, the Democratic tax plans I've heard aren't any better at producing higher growth), because of the negative economic effects that will be produced along-side the positive effects. >>> A real growth plan would lower tax rates at the same time it eliminated unfair and economically unproductive tax loopholes, corporate welfare and 'pork' items that favor politically connected 'sunset' industries at the expense of the more rapidly growing sectors of our economy. (Nearly all job growth over the past decade came from small business, not big.) >>> A complete over-haul of our corrupt tax system would save individuals and businesses hundreds of billions of dollars each and every year in lower compliance costs... and allow business decisions to be made for economic reasons, not because of tax code quirks. >>> This combination: lower compliance costs, more business decisions made for growth... not because of unproductive tax shelters, lower over-all tax rates and less tax avoidance, would really ignite growth in this country. >>> To bad the Prez and Congress are either too clueless, or too gutless, to opt for a more honest and productive tax system.