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To: george76
"Three Cheers For The Bush Tax Cuts"

Hey folks a tax deferral to future periods is not a tax cut. Any more than not paying off your credit cards this month is a cut in expenses. The only way taxes to cut taxes is to cut government costs [can you say veto].

23 posted on 08/20/2005 12:11:01 PM PDT by ex-snook (Protectionism is Patriotism in both war and trade.)
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To: ex-snook
The only way taxes to cut taxes is to cut government costs

I don't think anybody even campaigns on that anymore. I imagine it would help if the media wouldn't immediately demonize people who suggest it.

24 posted on 08/20/2005 12:22:00 PM PDT by somemoreequalthanothers (All for the betterment of "the state", comrade)
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To: ex-snook; george76
Hey folks a tax deferral to future periods is not a tax cut.

Wrong. If the government gives $100 billion in tax cuts to people whose cost of capital is 8% and the government borrows at 4%, that's a tax cut of $4 billion a year. Not even counting the added growth due to the incentive of keeping more of your own money.

The only way taxes to cut taxes is to cut government costs [can you say veto].

Cutting spending would be an added bonus of course.

33 posted on 08/22/2005 2:47:46 AM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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