July 28, 2003

STAND ON THAT TRAPDOOR WHILE I FIGURE OUT WHAT THIS BUTTON DOES.

Democrats Not Shying Away From Tax Talk (Jonathan Weisman, Washington Post, 7/28/03).
Democratic presidential candidates are following the politically risky strategy of embracing tax increases as key parts of their economic agendas, hoping to make mounting federal deficits and President Bush's economic stewardship major issues in the 2004 campaign.

When Bush signed his third tax cut into law last month, the legislation was supposed to put Democratic candidates in a political bind. They could no longer say they favored delaying or canceling future tax cuts, because the legislation put those planned cuts into law immediately.

But the candidates have shown little reluctance to reverse tax cuts already in force. Although they couch it as 'rolling back' Bush's tax policies, virtually all the major Democratic candidates say they would raise taxes on some or all of those who pay income tax. The proposals range from repealing all the tax cuts enacted in the past three years to raising taxes only on the wealthiest Americans.
Fritz Mondale, yesterday, today and tomorrow. Posted by David Cohen at July 28, 2003 2:15 AM
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