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Not So Permanent(tax cuts)
WALL STREET JOURNAL ONLINE ^ | Friday, February 11, 2005 | WSJ/REVIEW & OUTLOOK

Posted on 02/11/2005 3:28:24 PM PST by Conservative Firster

If there's one issue other than Iraq that was clearly litigated in last year's election, it was tax cuts. President Bush wanted to make them permanent, John Kerry pledged to repeal them, and we know who won. So it's frustrating to have to report that Republican Senators have already abandoned any hope of getting the 60 votes necessary to make them permanent.

No one is admitting this in public yet, but our sources tell us that's the political reality. The usual Republican suspects from New England are opposed, John McCain is sending out negative signals, and the truth is that even the White House is reluctant to push for tax cuts early, before the hard slog on Social Security. The Rovian strategy seems to be to wait until the great tax reform debate next year, when all tax issues will be resolved and rates are reduced to even lower levels. And, who knows, stranger things have happened.

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(Excerpt) Read more at opinionjournal.com ...


TOPICS: Business/Economy; Editorial; Front Page News
KEYWORDS: bushtaxcuts; bushvictory; tax; taxcuts; taxes; term2
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To: supercat

Why do tax cuts worry you ?


21 posted on 02/12/2005 11:04:13 AM PST by Raycpa
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To: USP_357sig
Republicans attacking tax cuts?

Actually I am to the point where I believe that Republicans ARE NOT attacking Bush or his stances on tax cuts, but it is the media/press that is LYING by stating that Republicans are attacking Bush and his stances on tax cut; much in the same way the media/press is lying by stating those elected in Iraq want to turn Iraq into a tyrannical theocracy.

The media/press, barring those on Foxnews and a few others, has willingly sided with tyranny and terrorism against U.S. citizens, it is only logical then that we consider them an enemy to both us U.S. citizens and the U.S. itself.

22 posted on 02/12/2005 11:14:18 AM PST by Paul C. Jesup
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To: Raycpa
Why do tax cuts worry you ?

Because the increased revenue will cause the government to increase spending. Not saying they're not a good idea anyway, but I find it amusing that the one real risk of task cuts is something the Democrats would never ever admit.

23 posted on 02/12/2005 11:19:37 AM PST by supercat (Michael Schiavo is trying to starve Terri not because she's dying, but because she ISN'T.)
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To: supercat

They don't understand cuts increace revenues in the long run. Their minds cannot grasp time variables.


24 posted on 02/12/2005 2:18:33 PM PST by Raycpa
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To: Conservative Firster

The GOP just isn't credibly conservative anymore.


25 posted on 02/12/2005 2:23:00 PM PST by k2blader (It is neither compassionate nor conservative to support the expansion of socialism.)
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