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

To: Kenneth E. Phillipps who wrote (601709)	8/9/2004 10:21:42 AM
From: JakeStraw	Respond to of 769670

LOL! Is that what they teach you at the DNC brain-wash school?

To: Kenneth E. Phillipps who wrote (601709)	8/9/2004 10:38:24 AM
From: JakeStraw	Read Replies (1) \| Respond to of 769670

Economy's Biggest Threat: John Kerry Written by Isaac Strahl Monday, August 09, 2004 What is the biggest threat to the American economy? John Kerry, says Stephen Moore, writing in Human Events Online. He says that Kerry's plan to raise taxes would short-circuit our present economic revival. We have excerpted his column below. * * * The biggest threat to the U.S. economy today may be Democratic presidential nominee John Kerry. The centerpiece of Kerry’s economic program is to repeal the Bush tax cut for those earning more than $200,000. Let us put aside for a moment the improbability that John Kerry and his running mate John Edwards would only ''raise taxes on the rich.'' That was Bill Clinton’s claim in 1992 and we all got soaked. But even if Kerry is true to his word, his plan would almost certainly short circuit the economic rally that has been well under way for more than a year now. The Kerry tax-hike plan would mean a higher capital gains tax, a higher dividend tax rate, and a hike in the highest income tax rate to 40%. Kerry seems to believe the witless notion that if you raise taxes on investment, work, savings, and business creation, you magically will get more of these things. Well, President Bush, following in the footsteps of such famous tax cutting presidents as Ronald Reagan, John F. Kennedy, and Calvin Coolidge, understands that just the opposite is true: tax cuts create incentives for economic-growth enhancing activities. When you tax something, you get less of it, when you tax something less, you get more of it, as the adage goes. You can read the entire column here: humaneventsonline.com