Free Republic

Oklahoman Editorial: Gimmicks Aren't Focus of Stimulus Plan 2003-01-25 CONGRESSIONAL Democrats who oppose President Bush's economic stimulus proposal are taking aim at the plan's feature elements: ending double taxation of corporate dividends and speeding up marginal tax rate reductions passed by Congress in 2001. The rhetoric is fairly typical of the anti-tax cut crowd, that tax cuts favor the rich. They also say the president's proposal doesn't provide immediate economic stimulus like their plan to give one-time, refundable rebates of $300 to every American. On both counts, they miss the point. First, the economy isn't nearly as bad off as...