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

To: Wayners who wrote (674471)	3/9/2005 7:38:46 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

"I'm skeptical about the teaser beginning rates. Their real eye is on making all deductions go away to sell the program, once thats accomplished then they jack the rates up over time with no deductions allowed." I think it works in the other direction: the only way you can get lower rates is to eliminate most of the deductions (deductions for home mortgage and charitable contributions are not at risk however). "Capitital gains and dividend rates need to be higher than 15%." I tend to disagree with that accessment... but the most important point is that ALL income should be taxed at the same rate (or, two rates if something like the CATO dual rate plan is ever approved). No more special interest favors, special tax perks for the favored few, national industrial policy.