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I think this is a dangerous game: Congress (Pubs) want business to actively support them (not just get moral support), so they are dangling this meat in front of Business.

On the other hand, Since most economist have been convinced that the Tax-Cuts would become permanent, and have been counting on this stimulus, may become nervous and respond by taking money off the table, bringing markets down hard, and put brakes on business-spending (which has been lagging anyway). The economic uncertainty would definitely hurt markets and President Bush.

1 posted on 01/21/2004 3:16:35 PM PST by The_Republican
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To: The_Republican
I guess we'll find out what the markets really think of all of this. I guess I don't care so much about the lowest bracket. I have no children so I don't care about that. I am married, so I guess I care about that one. I don't care about the death tax either. Doesn't affect me. I'd like to see the Dems hold the tax cuts hostage and demanding spending cuts. Here's the fantastical part that would never happen: I'd like to see the GOP then call the Dems bluff and cut spending.
2 posted on 01/21/2004 3:22:39 PM PST by Huck (Was that offensive? I hope that wasn't offensive.)
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To: The_Republican
But lawmakers have concluded that making all of President Bush's tax cuts permanent will have to wait until after the fall election.

So we don't get tax cuts. Government spending is out of control. Illegals are getting amnesty (only it's not amnesty, it's a reward).

Vote Conservative. Vote Democrat.

3 posted on 01/21/2004 3:23:49 PM PST by JoeSchem
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To: The_Republican
Just like there is no Social Security lock box, there is no such thing as a permanent tax cut. Any future Congress can vote a change to any existing tax code law. If the Demlibs took control of Congress after this years election, they could vote down the Bush tax cuts.

Only a Constitutional amendment can give any legislation a sense of permanency. But even a Constitutional amendment doesn't make an idea, a proposal or enacted legislation, permanent.

The Bush tax cuts did what they were suppose to do. They have worked to stimulate the economy, encouraging more earnings, savings, and investment leading to economic expansion. The Bush tax cuts have given money back to American workers, who are over taxed. We need more tax cuts.

If you want to make sure all the Bush tax cuts stay in place, income tax rates remain fixed and aren't increased, vote for Bush-Cheney and vote to keep the Congress in GOP hands.

6 posted on 01/21/2004 4:08:09 PM PST by Reagan Man (The choice is clear. Reelect BUSH-CHENEY in 2004)
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