Friday, September 24, 2004

Tax(cut) and spend

The New York Times > Washington > Congress Approves a Bill to Extend Bush's Tax Cuts

I'm all for a tax cut and who isn't? But in these times of rising deficits and war costs, don't you think some way to pay for the tax cut might have been a good idea?

Democrats had made it clear they would vote to extend the tax cuts, but they tried during the conference committee to attach amendments that would have paid for them with either a surcharge on families with incomes above $1 million or by closing some corporate tax shelters.

A good idea, but let's remember who controls the Congress. And so what can the Dems do but vote for it? Election-year blackmail.

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