Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : John Kerry for President? -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (2559)	10/19/2004 4:29:54 PM
From: tonto	Respond to of 3515

Kerry supports middle class tax cuts By a landslide, Congress yesterday passed a bill extending three popular middle-class tax cuts. The legislation essentially locks in certain components of George Bush's tax-cut initiatives for the rest of the decade, scoring a major legislative victory for the president. Fox News Reports: The $145.9 billion tax cut package was approved in the House by a 339-65 vote, with 125 Democrats joining 213 Republicans and one independent in voting for the proposal. In the Senate, the measure passed by a 92-3 vote... Sen. John Kerry, his Democratic opponent, said he also supported the middle-class tax cuts. "Millions of American families are being squeezed by the weak Bush economy, falling incomes and rising health costs," Kerry said, adding that as president he would roll back Bush's tax cuts for the wealthiest families and use the savings to invest in health care and education. Translation: Mr. Kerry is for the tax cuts, but will later be against them. >>>>>>>>>>>>>>>>And NOW FOR THE FLIP FLOP>>>>>>>> In 1995, Kerry Voted For A Resolution That Said Middle Class Tax Cuts Were Not Wise. The sense of the Senate amendment, killed on a motion by Sen. Orrin Hatch (R-UT), said, "reducing the deficit should be one of the nation's highest priorities, and that a middle-class tax cut would undermine and be inconsistent with the goal of achieving a balanced budget."