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Bush Plans New Tax Cut for Election Year
Roll Call ^ | 10/22/03

Posted on 10/22/2003 1:58:00 PM PDT by areafiftyone

The Bush administration, unfazed by aggressive Democratic opposition, is working on its fourth consecutive tax cut plan, which will be unveiled during next year’s presidential election campaign, according to sources close to the White House.


TOPICS: Front Page News; News/Current Events
KEYWORDS: bushtaxcuts; tax; taxcut; taxcuts; taxes
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1 posted on 10/22/2003 1:58:00 PM PDT by areafiftyone
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To: areafiftyone
The Bush administration, unfazed by aggressive Democratic opposition, is working on its fourth consecutive tax cut plan,

I would really rather that the Bush administration work on a spending cut plan, thank you.

2 posted on 10/22/2003 1:59:03 PM PDT by dirtboy (Now in theaters - Howard Dean as Buzz Lightweight - taking the Dems to Oblivion and Beyond in 2004!)
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To: areafiftyone
Kewl. Methinks many voters like them checks they've been getting. We did....
3 posted on 10/22/2003 1:59:36 PM PDT by eureka! (Rats and Presstitutes lie--they have to in order to survive.....)
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Comment #4 Removed by Moderator

To: eureka!
I like what I am hearing, starve those social programs.
5 posted on 10/22/2003 2:00:32 PM PDT by Pikamax
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To: Pikamax
I like what I am hearing, starve those social programs.

They don't starve, we just borrow to cover them.

6 posted on 10/22/2003 2:02:32 PM PDT by dirtboy (Now in theaters - Howard Dean as Buzz Lightweight - taking the Dems to Oblivion and Beyond in 2004!)
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To: Pikamax; dirtboy
Hope springs eternal but, as dirtboy noted, cuts ain't been happening. Maybe Arnold Schwarzenegger's efforts in California will resonate....
7 posted on 10/22/2003 2:03:18 PM PDT by eureka! (Rats and Presstitutes lie--they have to in order to survive.....)
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To: areafiftyone
people are more concerned about job losses then tax cuts right now. he is going to the well too many times with this.
8 posted on 10/22/2003 2:03:26 PM PDT by oceanview
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To: areafiftyone
I love that man!!! We have a real Man as President. Not a mealy mouth whiner dim-o-crat
9 posted on 10/22/2003 2:04:04 PM PDT by bedolido (I can forgive you for killing my sons, but I cannot forgive you for forcing me to kill your sons)
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To: areafiftyone
I'd rather see him throw his political weight behind HR 25. It's got 40 sponsors right now and is sitting in the House Ways and Means committee.

Get that rolling and he wouldn't have to worry about trying to get another "generic" tax cut passed.

10 posted on 10/22/2003 2:05:25 PM PDT by Dead Corpse (For an Evil Super Genius, you aren't too bright are you?)
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To: William Creel
I'd rather both.

That'll be the day! I hope I live long enough to see it.

11 posted on 10/22/2003 2:05:52 PM PDT by Egon (Safety Tip: You can get AIDS by sitting at a public toilet before the previous person vacates!)
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To: dirtboy
I agree, how about trying to balance the budget. Cut your spending.
12 posted on 10/22/2003 2:06:58 PM PDT by jern
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To: dirtboy
I would really rather that the Bush administration work on a spending cut plan, thank you.

I'll opt for BOTH, if you please! ...;^)

13 posted on 10/22/2003 2:12:55 PM PDT by JimRed (Disinformation is the leftist's and enemy's friend; consider the source before believing.)
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To: oceanview
Bush said that he would that he would pursue tax cuts every year that he is in office, and he is just keeping his word.
14 posted on 10/22/2003 2:14:49 PM PDT by RWR8189
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To: eureka!
Methinks many voters like them checks they've been getting.

Sure 'nuf, but sending them out costs money. It's cheaper to not take it in the first place.

15 posted on 10/22/2003 2:15:46 PM PDT by JimRed (Disinformation is the leftist's and enemy's friend; consider the source before believing.)
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To: jern
>>I agree, how about trying to balance the budget. Cut your spending.

I agree that we should cut spending, but balancing the budget right now would cripple the recovery.
16 posted on 10/22/2003 2:15:54 PM PDT by RWR8189
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To: areafiftyone
Yippeee! We benefitted from the last 2. Hope this one's good as well.
17 posted on 10/22/2003 2:15:57 PM PDT by what's up
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To: RWR8189
I agree that we should cut spending, but balancing the budget right now would cripple the recovery.

I don't believe they should balance the budget - but I would like to see Bush make at least some kind of proposal to cut spending, even if it is only on the scale of $20-40 billion. And a real cut - not just a decrease in the increase.

18 posted on 10/22/2003 2:18:24 PM PDT by dirtboy (Now in theaters - Howard Dean as Buzz Lightweight - taking the Dems to Oblivion and Beyond in 2004!)
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To: dirtboy
It would be nice if they would not hand out $400 welfare checks to non-federal tax payers and call it a tax cut. And before I get the "They pay social security taxes" argument from others, no, they don't. The (un)Earned Income Tax Credit returns all of that to them, and sometimes more.
19 posted on 10/22/2003 2:18:24 PM PDT by Orangedog (Soccer-Moms are the biggest threat to your freedoms and the republic !)
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To: oceanview
"people are more concerned about job losses then tax cuts right now. he is going to the well too many times with this."

How about a big Corporate tax-break to all domestic US manufacturers.

If the manufacturing industry gets to keep more of it's money, then they will start to hire aggresively, thus neutralizing a major Democratic criticism of Bush.
20 posted on 10/22/2003 2:19:21 PM PDT by Pubbie (Vote "No" On Recall, "Yes" On Bustamante)
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To: Orangedog
"It would be nice if they would not hand out $400 welfare checks to non-federal tax payers and call it a tax cut."

That plan DIED in the House-Senate Conference committee.

You're beating not just a dead Horse, but a fosilized horse.
21 posted on 10/22/2003 2:21:37 PM PDT by Pubbie (Vote "No" On Recall, "Yes" On Bustamante)
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To: areafiftyone
Spending cuts BEFORE tax cuts!
22 posted on 10/22/2003 2:25:58 PM PDT by Weimdog
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To: dirtboy
....seems most peeps on this BB don't understand that fact.

Tax cuts are just pushing the big I.O.U. on down the road for our grand kids to pay.

GWB spends money faster than Rushs' domestic helper on a pill buying binge in a pharmacy.
23 posted on 10/22/2003 2:26:14 PM PDT by taxed2death (A few billion here, a few trillion there...we're all friends right?)
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To: JimRed
Sure 'nuf, but sending them out costs money.

Costs who money?

24 posted on 10/22/2003 2:27:49 PM PDT by finnman69 (cum puella incedit minore medio corpore sub quo manifestus globus, inflammare animos)
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To: JimRed
True. People also notice bigger paychecks and lower checks to the government in April. Either way, we the people will take it...
25 posted on 10/22/2003 2:27:58 PM PDT by eureka! (Rats and Presstitutes lie--they have to in order to survive.....)
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To: oceanview
"people are more concerned about job losses then tax cuts right now."

I agree. However, how does the President keep jobs from going offshor and overseas? How does the President control how companies run their manufacturing / business practices? Other than pushing for relief concerning over-regulation and making it tax-friendly to business, what can the President do to make businesses stay or to "increase jobs" as being government and not private sector?

I am no economist, so this is an area I really don't understand... I heard that Sony was doing great, but laying off thousands of workers because they have 'automated' them out of a job... what can be done about that by any President?

"he is going to the well too many times with this."

As for the spending, I agree. On one hand it's Congress that really are the out-of-control spenders and not holding the spending, but ont the other, it's the President that either signs or vetos spending beyond what he boldly stated he would hold at what? 4 percent or something?

26 posted on 10/22/2003 2:29:17 PM PDT by KriegerGeist ("The weapons of our warefare are not carnal, but mighty though God for pulling down of strongholds")
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To: taxed2death; All
"GWB spends money faster than Rushs' domestic helper on a pill buying binge in a pharmacy."

Oh you guys are right - Bush sucks on the economy, let's stay home and make sure Howard Dean is elected and then we will REALLY get some Fiscal Discipline in Government...

27 posted on 10/22/2003 2:29:22 PM PDT by Pubbie (Vote "No" On Recall, "Yes" On Bustamante)
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To: dirtboy
Dittos.

28 posted on 10/22/2003 2:34:38 PM PDT by WOSG (QUESTION STUPIDITY!)
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To: All
I will be disappointed if Bush decided to be a wimp and not push for H.R. 25.

If he goes the wimpy tax cut route, what a shame and missed opportunity to do bigger deeds.
29 posted on 10/22/2003 2:35:10 PM PDT by rwfromkansas ("Men stumble over the truth, but most pick themselves up as if nothing had happened." Churchill)
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To: Pubbie
Ah yes ... DeLay's boneyard ... havent heard much on assault weapons ban either...
30 posted on 10/22/2003 2:35:46 PM PDT by WOSG (QUESTION STUPIDITY!)
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To: Pubbie
Oh you guys are right - Bush sucks on the economy, let's stay home and make sure Howard Dean is elected and then we will REALLY get some Fiscal Discipline in Government...

If Bush pushes another round of tax cuts without clear, concise spending cuts to go along with it then a President Dean is a real possiblity.

31 posted on 10/22/2003 2:39:26 PM PDT by Non-Sequitur
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To: WOSG
Don't mess with Texas
32 posted on 10/22/2003 2:39:42 PM PDT by Pubbie (Vote "No" On Recall, "Yes" On Bustamante)
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To: Non-Sequitur
Give me a break, the Government PRINTS the money, they can have as big a a deficit as they want.

In WWII we had a Deficit of 130% of GDP, and an economic boom followed after the war.

In the 80's we had a deficit of 6% of GDP and we created 19 million new jobs during that decade.
33 posted on 10/22/2003 2:41:53 PM PDT by Pubbie (Vote "No" On Recall, "Yes" On Bustamante)
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To: rwfromkansas
what is HR 25?
34 posted on 10/22/2003 2:44:56 PM PDT by contessa machiaveli
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To: Pubbie
Your confusin' 'em with facts.
35 posted on 10/22/2003 2:45:10 PM PDT by txrangerette
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To: Pubbie
Now we're having record deficits and the only numbers growing faster than the red ink are the lost job figures. We're supposed to be the party of smaller government, remember? We have the House and the Senate, as well as the presidency, and if Bush can't whip up enough leadership to push spending cuts to go with yet another tax cut then he is handing the Democrats the election.
36 posted on 10/22/2003 2:46:57 PM PDT by Non-Sequitur
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To: txrangerette
No - They're right - Bush is a complete failure.

We need to stay home in November 2004 to make sure we get Howard Dean as President and then ALL our budget problems will be solved, because it's better to be ideologically pure than in Power... (Sarcasm/)
37 posted on 10/22/2003 2:48:37 PM PDT by Pubbie (Vote "No" On Recall, "Yes" On Bustamante)
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To: dirtboy
I would really rather that the Bush administration work on a spending cut plan, thank you.

Tax cuts are spending cuts.

38 posted on 10/22/2003 2:51:25 PM PDT by VRWC_minion (Opinions posted on Free Republic are those of the individual posters and most are right)
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To: Pubbie
Got it!

:o)
39 posted on 10/22/2003 2:59:44 PM PDT by txrangerette
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To: Geist Krieger
On one hand it's Congress that really are the out-of-control spenders and not holding the spending

You are right in more ways than one. Congress is filled with people not doing their jobs. They expect the president to carry all the weight and take all the heat, while okaying pork project after pork project.

It is time we held our (collective) majority republicans responsible for not keeping the crap off the President's desk. Save the heavy hitter for the big fights, but kill the junk before it gets to the President.

40 posted on 10/22/2003 3:00:57 PM PDT by !1776!
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To: oceanview; Howlin; AdamSelene235; Lazamataz
I've only heard of two tax cut plans even being on the table: a complete repeal of the income tax (replaced by a sales tax) and a plan to make the existing tax cuts "permanent."

So I doubt that it's some new, additional income tax cut proposal for either businesses or individuals...whatever this particular rumor turns out to be.

41 posted on 10/22/2003 3:01:52 PM PDT by Southack (Media bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: VRWC_minion
So deficits are a myth?
42 posted on 10/22/2003 3:07:10 PM PDT by RockyMtnMan
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To: dirtboy
Cut taxes and spending- aye, I agree. I wish on Sim City you could arrange tax rebates and tax give-aways as well...
43 posted on 10/22/2003 3:09:24 PM PDT by Prodigal Son
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To: areafiftyone
The rats as well as Bush are throwing out tax cut ideas and Bush ought to be able to leverage off of them. The rats ideas include job creation credit, more w/os of equipment, extend R&D, Cut cap gains.

In adition more college credits, first time home buyes, lower cap gains tax, etc.

So far none are discussing reform.

44 posted on 10/22/2003 3:10:40 PM PDT by VRWC_minion (Opinions posted on Free Republic are those of the individual posters and most are right)
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To: Pubbie
You're beating not just a dead Horse, but a fosilized horse.

That still doesn't change the fact that it's welfare.

45 posted on 10/22/2003 3:11:30 PM PDT by Orangedog (Soccer-Moms are the biggest threat to your freedoms and the republic !)
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To: RockyMtnMan
So deficits are a myth?

No, but they are proportionate to income. The less receipts the less deficit spending.

46 posted on 10/22/2003 3:11:45 PM PDT by VRWC_minion (Opinions posted on Free Republic are those of the individual posters and most are right)
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To: Orangedog
That still doesn't change the fact that it's welfare

Yes, but it never passed.

47 posted on 10/22/2003 3:12:21 PM PDT by VRWC_minion (Opinions posted on Free Republic are those of the individual posters and most are right)
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To: Prodigal Son
Cut taxes and spending- aye, I agree. I wish on Sim City you could arrange tax rebates and tax give-aways as well...

Call a spade a spade...if you get back more from the IRS than you pay in, it's welfare.

48 posted on 10/22/2003 3:16:32 PM PDT by Orangedog (Soccer-Moms are the biggest threat to your freedoms and the republic !)
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To: Southack
As with all complex problems, there is a simple solution if you dig deep enough. Conservatives don't like taxes, Democrats do. Tax registered Democrats the amount they think they should be paying and cut Republicans the amount they think they deserve. What about the RINOS you say? Put them in the stockade and throw the key away.
49 posted on 10/22/2003 3:18:01 PM PDT by meenie
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To: VRWC_minion
So are you saying if we reduce government income (taxes) then eventually spending is reduced because deficits eventually become political liabilities?

It's the eventual part that many have a problem with. It never seems to happen.

Also if 50% of the citizens don't pay taxes then tax cuts are "For the rich". Liberals will have a hay day with further tax cuts.
50 posted on 10/22/2003 3:21:52 PM PDT by mpreston
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