It's a start (although a rather timid one), but what we really need is the abolition of the estate (death) tax, the capital gains tax, the marriage penalty tax, payroll taxes, all corporate welfare, and a reduction of the income tax to 10% (flat rate).
Every long journey starts with a single step. I loved Newt Gingrich but he had no finesse and did not understand technique and strategy. His candor was refreshing but it gave the liberal media a thousand ways to crucify him.
I wouldn't call Bush crafty but he knows how to work the Congress and the press and I will continue to give him the benefit of the doubt as he tries to unravel 40+ years of liberal legislation in Washington DC. Yes, I could think of dozens of ways to improve the tax code, fix immigration, reform the tort system, and fix Washington, but throwing this all at the Congress will create havoc and prevent the Republicans from having any focus.
This 2003 plan calls for making the 2001 tax cuts permanent, and accelerating their implementation. That includes the estate tax. I heard President Bush specifically mention the estate tax in his speech in Chicago.
If someone later in this thread doesn't amplify this, I'll find it myself and post it.