Word: gephardt
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...Sounds, quite frankly, like something Tom Daschle and Dick Gephardt would say, and indeed some of the signatories have given some of their big bucks to the Democratic party. But Gates, who organized the drive (and assures us his son agrees in spirit but preferred not to get involved), insists that partisanship had nothing to do with it. Just some civic-minded billionaires who think legislated financial dynasties are bad for America...
...Democrats had props of their own. Senate Minority Leader Tom Daschle and House Minority Leader Richard Gephardt borrowed a new Lexus sedan from a local dealer and parked it outside the Capitol, near a dented muffler. Bush gives millionaires "a $46,000 tax cut, more than enough to pay for this Lexus," Daschle said. "But if you're a typical working person, you get $227. And that's enough to buy this muffler." The wealthiest 1 percent of Americans, by his calculations, would reap 43 perent of the Bush tax cut, while families making less than $39,300 would...
...vice chair of the centrist Democratic Leadership Council. "It looked like Big Government picking winners and losers." Instead, the Democrats will offer across-the-board cuts - but no more than $900 billion of them - with the cuts weighted toward lower-income taxpayers. To sweeten the deal, Daschle and Gephardt may also propose trimming payroll taxes, the money taken from paychecks to fund Social Security and Medicare, a bigger hit than income taxes for 80 percent of working Americans...
...Photo-op time. Before the plan had even arrived, Democratic leaders Dick Gephardt and Tom Daschle were camped out behind a podium bearing a placard that said "Bush Tax Plan: New Lexus for Every Millionaire." And behind the podium was a Lexus. And there was Gephardt doing political standup, insisting that under the President's plan, lower-income families would only be able to afford "the muffler...
...Gephardt and Daschle, dealing from a position of numerical weakness with no veto to back them up, are going to try to turn the b-word back on the guy who ran on it. "We are here to offer a hand of bipartisanship on taxes," Daschle said. "We can do it, not his way, but our way - together...