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Why Taxes Have to Go Up (The NY Times explains Democratic policy -- not so secretly)
New York Times ^ | October 21, 2004 | Editorial

Posted on 10/21/2004 11:32:08 AM PDT by OESY

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To: FreedomCalls
Actually, we should bring back war bonds to pay for the war on terror. I'm sure quite a few people would buy them.

How would that be different from what is happening now?

The deficit is financed by bond sales -- in various denominations and time spans. "War bonds" would simply involve making them in lower denominations and selling them over the counter -- at a higher cost and, thus, lower return.

21 posted on 10/21/2004 6:03:23 PM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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To: OESY
If the pre-Bush tax rates were restored for the top 25 percent of taxpayers, a vast majority of filers - in the 15 percent tax bracket and below - would still be shielded from an increased burden.

Correct me if I am wrong but aren't those people in the lower brackets the ones consuming the vast majority of government services?

22 posted on 10/21/2004 6:44:17 PM PDT by rudehost
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To: OESY

At least if we can keep the House, Kerry can't raise our taxes by executive order! He isn't King yet!


23 posted on 10/21/2004 6:46:04 PM PDT by MHT
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To: rudehost

There is only ONE reason for the Times to print this..it makes Maureen Dowd look almost sane by comoarison..


24 posted on 10/21/2004 6:46:58 PM PDT by ken5050
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