Word: taxed
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Hubbard advocated making marginal tax-rate cuts, already approved by Congress to take effect in future years, instead effective immediately...
Former Clinton economic advisor Gene Sperling attacked President Bush’s tax cut plan last night in an ARCO forum debate, telling the audience that “we need a policy so that we can truly say that we’re investing in our children, not borrowing from their future...
Both men agreed that a tax cut is necessary to fuel growth, but differed over whether it should be a one-time cut or a permanent reduction...
There are also plenty of problems our government needs to solve to ensure robust, long-term economic performance before it passes another tax cut. The continual degradation of our natural resources as a result of lax environmental protection will ultimately have very adverse consequences on our economic growth. Or consider the highly unequal nature of opportunity for America’s children. Sure we have universal primary and secondary school, but when children don’t have access to preschool or medical coverage, that hurts their chances at success and undermines the nation’s future productivity. Tax...
...voting for a toned-down version of Bush’s proposal, Senate Democrats would be endorsing the president’s discredited supply-side agenda. For supply-siders like the president, the answers are always simple: cut taxes and shrink government. But the real world is more complex than that. In the short-run we need economic stimulus. In the long run, we need to make essential investments in the public sphere, not just the private sector. Bush’s plan, and the smaller Senate version, does neither. It is the same story as the 2001 tax...