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Friday, September 24, 2004

Congress Approves a Bill to Extend Bush's Tax Cuts

A few thoughts:

1. The last time Democrats were free to vote as their election prospects dictated was 2002. This was the nettlesome authority of war vote. (Which was really the authority not to go to war!)

2. Who were the 5 who obstained? Senate Votes

3. Notice the use of "surcharges" in lieu of taxes. Must have been poll-tested and demonstrated that focus groups don't know what they are.

4. Republicans rejected amendments that would have extended the child tax credit to families with incomes just above $10K/year. What is left out is that this is not a tax credit but a credit i.e. a welfare payment.

5. What was the defintion of "modest levels" in the Dem-requested CBO report?
5.

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