[vbmoneyspender]

Did I hear Bush's speech correctly in that he is proposing accelerating all of the tax cuts in his previous tax package so that they retroactively come into effect on January 1, 2003 or did I hear that part wrong?

[Wphile]

You heard it right. Bush is going for it. Way to go W!!

[B-bone]

I also understood that it would be retroactive to 1/1/03. I'm not sure if it applies to everything, but I am under the impression that it does.

[Steven W.]

you heard right. Also, note how the DemoncRATs and their allies in the media always take the amounts over 10+ years and then ask questions without any context? For example, asking somebody, "do you think 600 billion out of 30 trillion dollars is very much?" is a lot different than "do you think 600 billion for the wealthy is to much of a giveaway for the rich?"

[RobFromGa]

Thats what he said, all the tax cuts now, retroactive to Jan 1, 2003. Here are the proposed brackets: 10%, 15%, 25%, 28%, 33%, 35%

There's more detail on todays plan at White House Economic Security Agenda

[smiley]

You heard correctly..retroactive as of Jan. 1, 2003