[Wild Irish Rogue]

" White house backs off because democrats say this and that

was that a sigh I heard from Rush

Keep Bushes feet to the fire............

why bother to win if Bush lets the rats win"

From Reuter's today: "Bush plans to announce his new economic stimulus plan during a speech Tuesday in Chicago to the Economic Club, White House spokeswoman Claire Buchan said. Aides have said in recent days that the president has not yet approved the contents of the package and Bush gave few additional clues...Aides say the package will include acceleration of some tax cuts and breaks he won from Congress he won in 2001 as well as new benefits for shareholder's dividends.There may also be new tax breaks for investors and additional depreciation breaks for businesses.He is expected to propose acceleration of the 2001 tax cuts for middle and upper income earners,but might not include cuts in connection with the top rate,which is 38.6 percent for income over $ 311,950, they said." I wish Rush would wait until Bush actually releases his proposals and nominates his judges,before he goes ballistic. Too often Rush treats as fact,unsourced stories from liberal wires services and the Wash Post and NY Times.

[WarrenC]

He is expected to propose acceleration of the 2001 tax cuts for middle and upper income earners,but might not include cuts in connection with the top rate,which is 38.6 percent for income over $ 311,950, they said.

But to fail to cut the top rate is to pass a "tax cut" that will do nothing to promote economic growth. Such a failure not only cedes to the Dems the argument that tax cuts are a sop to the rich, it also guarantees that the economy won't grow. And a couple years later, we'll be sitting around wondering why the economy is so sluggish. A tax cut that doesn't include a reduction in top marginal rates is designed to fail and to discredit tax cuts as public policy. Why is this so hard for so many allegedly bright people to understand?

The president and the nation would be better off with no tax cut at all than with one that fails to reduce top marginal rates.