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


To: DuckTapeSunroof who wrote (648151)10/19/2004 5:49:17 PM
From: DizzyG  Read Replies (1) | Respond to of 769670
 
A well thought out response...

I appreciate you thoughtfulness.

Ironically, I agree with you on several issues:

1. Tax cuts are good. In fact, I think they should have been much larger.

2. I also agree that the tax cut should have been followed by a commensurate cut in government spending. It's out of control and BOTH parties are responsible.

3. I also agree that President's have very little to do with job creation.

However, I do have a problem with the so called corporate taxes. Frankly, I just have a hard time buying in to the corporate tax issue. Corporations are nothing more then tax collectors. They factor the taxes in to the price of products and pass them along to the consumer. The net affect is that consumers pay corporate taxes, not corporations.

Thanks for the well reasoned reply.

Diz-

PS: I just couldn't help myself with this line:

"the Federal Reserve has far more influence on general business conditions then any President does... at least, in the short-run"

Just remember that the short run is all that matters. In the long run we are all dead. :)