Instead, the general income tax cut should be made permanent -- after being altered. Instead of a rate cut (which favors Al Franken, Babs Striesand, George Soros, and other rich POSes), it should be a very large increase in the value of the personal exemption, to, say, $20,000 or more. Then everyone still gets a tax cut, and the richest still get more in dollars, but the benefit of the tax cut falls disproportionately on those who make the least. And guarantees a conservative majority in Congress and the White House for the foreseeable.
Since (according to Rush), the richest pay 94 per cent of all income taxes, receipts would fall a mere 6 per cent or so -- not taking into account the Laffer Curve / the stimulation of the economy which would result.
And longer term, retail excise taxes on gasoline should be eliminated, replaced with a $10 (or more) per barrel tax on petroleum imports AND exports. This would build in a permanent cushion favoring domestic production and discouraging exporting our own reserves.
And while they're writing the bill, a rider to build a double fence the length of our border with Mexico should be included. :')
LOL! Even if you were able to convince people like me that an even steeper progressive tax system, than we already have, is the 'sensible' thing to do (...which, I must tell you, is by no means a slam dunk...), the minute you got your ideas passed, you'd have all the people who AREN'T PAYING ANY TAXES AT ALL NOW (along with and all the Limo-libs, Kennedy, Kerry, Pelosi, etc., who claim to be supporting them) screaming/whining that *THEY* didn't get any part of your 'tax cuts'. ...and STILL damning you for giving "tax cuts (only) to the rich". Sorry, but some things never change.
...I AGREE with you on the "fence" part though... grin.