Quote:
Originally posted by Mmmm, Burger (C.J.)
Is that all it is? It sure isn't going to do much for the deficit, then . . .
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Maybe not.
As to personal income taxes, he said he'd "roll back the tax cuts for the 2% of wealthiest Americans making over $200K per year. So, I assume that's the repeal of the Bush tax breaks (which would mean adding back 2-3 percentage points onto the current rates -- so would be more than 2-3% increase in terms of taxes those folks paid).
Then there is, of course, corporate taxes, and "ending corporate welfare." The usual.
Actually, if we're able to mostly pull out of Iraq by the end of Kerry's first term that would get him a long way towards his promise to cut the record Bush II deficits in half by then.
S_A_M
S_A_M
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