Mommy, What's a Stealth Tax?

Wall St Journal ^ | 3-11-03 | STEPHEN J. ENTIN

[SJackson]

WASHINGTON -- President Bush's proposed tax cuts would do a lot of good. Major provisions would encourage work and investment by ending the double taxation of corporate income via a dividend exclusion and capital gains relief, expanding tax-favored saving plans, advancing the remaining rate reductions of the 2001 tax act, and increasing small business expensing. These provisions would permanently boost GDP and recover much of their "static" revenue cost.

[Free the USA]

http://www.freerepublic.com/perl/bump-list

[matthew_the_brain]

I really hate how these Republicans hide the fine print. I work my arse off to support my wife who stays at home with my 5 children, and I make a good living(over $200k....i am in sales). The child credit is meaningless to me at this point, and I have to worry about the AMT as well.

What is the point in working hard when so much of it is taken away?


I am pissed.