30 Issues: Taxes
Thursday, October 14, 2004 - 05:25 PM
George Bush’s website states that in “three years,” he’s achieved “three tax cuts.” That has become the cornerstone of his administration’s economic achievements. On the stump he promotes his hopes for his next term: the simplification of the tax code and having them become permanent. Will he be able to rewrite all those tax forms?
John Kerry believes part of the presidents tax cuts have been detrimental to the growth of the American economy, primarily the tax relief for the very wealthy. This has not stopped his detractors from calling him a “tax and spend Democrat.” But on October 8th during the second Presidential debate Kerry was requested to make an oath and look into the camera and promise not to raise taxes for the middle class. Will he be able to keep it?
On the following 30 Issues in 30 Days Paul Krugman from the New York Times and Stephen Moore, President of the Club for Growth, discuss the virtues and pitfalls of the candidates tax plans.
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