the BUBBA CUTS [View all]
THE BIG STORY, BY JOE CONASON
George W. Wishes His Tax Cuts Weren't So Bush
When George W. Bush made a rare public appearance in New York on Tuesday, his utterances perhaps revealed more than he intended. "I wish they weren't called the 'Bush tax cuts'," he said of the decade-old rate reduction bearing his name. But does he truly believe, as his words hinted, that Americans would let those cuts expire simply to spite him? Or does he secretly wish the self-serving profligacy and ideological overreach of those cuts had not so starkly defined his presidency?
Whatever his inner motives, Bush's curious remark draws a sharp contrast with his predecessor Bill Clinton -- who proudly recalls the tax increase that was central to his inaugural budget two decades ago. In speeches, Clinton often says that the 1993 tax increase, supported only by Democrats, was the key to balanced growth and reduced deficits.
It isn't clear whether Bush fully understands the painfully obvious effects of his tax and spending policies. Not only should the tax cuts be named after him. So should the deficit and the debt. READ MORE
i'M SURE WE ALL KNOW THIS HELPED TO SPREAD THE WEALTH TO THE TOP 5% BY NOW!
A major tax cut with two unfunded wars and tricky back door maneuvers to feed the country's basic needs has resulted into a country divided! a country with failing infrastructure and no funds to fix;a health care cost no one can bear! our industry mil king our people! funding our legislators and influencing our laws to lower their fees and pass them on to those that can't afford them! Only history will show how badly this country was crippled by his administration-or will it? depends on who writes it!