To: William McKinley
Not sure I like this "temporary" crap on the child tax credit and marriage penalty elimination.
31 posted on
05/15/2003 4:37:40 PM PDT by
Tuxedo
To: Tuxedo
Temporary is better than not at all, albeit not as good as permanent. However, there is no such thing as permanent tax cuts since they can always raise taxes.
It gets the tax off the books for a few years, and makes it that when it comes time to renew the law, attempts to not renew it can be more easily cast in the media as a tax increase.
36 posted on
05/15/2003 4:39:48 PM PDT by
William McKinley
(Our differences are politics. Our agreements are principles.)
To: Tuxedo
Tux, maybe I missed it, but I thought the temporary proviso was slapped on the reduction to dividend tax only. Maybe I'm wrong.
39 posted on
05/15/2003 4:40:41 PM PDT by
My2Cents
("Well....there you go again.")
To: Tuxedo
I find it hard to believe that it will be possible politically to get rid of these "temporary" cuts. Nothing prevents future Congresses from extending the cuts by similar "temporary" periods.
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