Home  >  Community  >  The Vendio Round Table  >  Uh,Oh! Bye Bye Tax Reductions!


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 krs
 
posted on July 6, 2001 07:09:57 AM
Does anyone feel like this is only the beginning?


WASHINGTON — In the face of a growing budget squeeze, the White
House signaled Thursday that it will delay plans to win passage of popular tax
breaks for charitable giving and energy production.

Members of Congress from both parties have told the Bush administration
that it would have to accept tax hikes in other areas to pay for the $66 billion
in additional tax cuts over the next decade that President Bush is seeking.

http://www.usatoday.com/news/washdc/washphoto.htm
 
 sulyn1950
 
posted on July 6, 2001 07:23:21 AM
Here's the part that made me chuckle, (at least their honest):

"Congressional aides say lawmakers could probably find tax hikes that would go unnoticed by the public. But Daniels said he would not go that route: "Tax increases tend to slow down the economy no matter how you hide them."

I guess if they can sharpen the pencil enough, they'll be able to convince most of us we actually did get that promised tax break.....





Is this the place we can kick back, relax, and have fun! Share a story, tell a joke, write a poem, make a friend...???
 
 snowyegret
 
posted on July 6, 2001 04:28:53 PM
Oh well.


But in the meantime, a little revenue could be generated by every state that satellites fly over. Ca first.

 
 
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