It appears the halved tax cut is only the beginning of Dubya’s domestic woes. As the war rages in Iraq, the Bushies’ homeland agenda comes under increasing scrutiny from GOP moderates, who are unwilling to buy the argument that American troops desperately need estate tax relief. Hmmm…I wonder if Ari and the gang will go so far as to paint members of their own party as unAmerican. Can’t say it’s beyond the realm of possibility.
Tag: Taxes
Taxing Times.
Despite the administration’s attempt to use the war to promote tax cuts, the Senate does the right thing and slashes Dubya’s tax giveaway in half. As I said last week, it’s almost obscene to even consider this type of deficit-busting sop for the rich when America’s fighting men and women are laying their lives on the line. In times of war, even (gasp!) the affluent must bear their share of sacrifice.
Unfortunate Sons and daughters..
The party of sacrifice? Get your priorities straight. As Ari Fleischer warns America to expect American casualties in the coming conflict, the Republican Congress promises the Iraq war will have no bearing on tax cuts. As CCR put it, Some folks are born silver spoon in hand,
Well, they help themselves, yeah. Then as now, the poor may lose their sons and daughters, but the rich will get their rebates.
Regarding another recent facet of GOP hysteria, I know it’s fun to pick on the French, what with the Maginot Line and the Rainbow Warrior and all that. But next time you hear some idiot like Tom DeLay say the French are good-for-nothing, remember Lafayette. The fact of the matter is, we would never have gained our freedom (or our freedom fries) without the aid of the French during our Revolution. Something to consider before our former Gallic friends are written out of the history books in a fit of revisionist patriotism.
Get Your War On.
We’re clearly going to war, we’re giving all the old folks prescription drugs, we’re eliminating AIDS in Africa, and American taxpayers won’t have to pay a red cent. Anybody notice a problem? Dubya’s State of the Union promised a lot, including dividend goodies for the rich and flaming death to Saddam, but it didn’t say much about the actual State of the Union. At any rate, I was impressed with the AIDS initiative (although I’d be more impressed if he wasn’t getting advice from cranks like these), but otherwise didn’t think much of Dubya’s speech. I also doubt he changed anyone’s mind about the Iraq situation, but perhaps Secretary Powell’s speech next week will prove more fruitful. (Thacker link via Julian’s Jabberings.)
TurboSpy.
Looks like I’m switching to Tax Cut. Apparently TurboTax 2002 adds some unmentioned spyware (note the user reviews) to your hard drive. Bad call by Intuit. (Via Now This and What Do I Know?)
When Land Sharks Attack.
In a remarkable confluence of GOP shibboleths, the Bush economic plan will cut taxes on tricked-up SUV‘s. Makes sense – not only does it help out Dubya’s oil buddies, but I presume most SUV drivers (outside of Detroit) are GOP voters, particularly given the findings in this article (sent to me via Dumbmonkey.)
Fighting Mad.
Emboldened by Dubya’s dividend fiasco, the Dems get ready to fight back against the White House on both the dividend tax plan and the renomination of Pickering. I’m surprised Dubya endangered passage of the rest of his program by shoving Pickering down the Senate’s throat again. But, nothing fails like success, it seems…and the dauphin must get what he wants.
Three hundred a vote.
The Dems release their own economic stimulus plan to counter Dubya’s dividend debacle. Not bad…definitely better than the Bush fiasco. But why not a payroll tax reduction, and what is up with these $300 tax rebates? I’m sorry, but in this day and age, particularly with credit cards so easy to obtain and abuse, $300 is not going to change anyone’s financial straits. Instead of making tough decisions or wise policies about what to do with taxpayer money, legislators are handing it back to us in meager amounts in what basically amounts as a voting bribe. Simply put, it’s an evasion of responsibility and a waste of time. Cut payroll taxes, restructure the rolls, do something…but don’t just keep handing out rebates. C’mon, Dems, you can do better. (Although, I must say it again, this still sounds like a much better plan than Dubya’s.)
True Colors Shining Through.
As we embark on war in the Middle East and the states grapple with their worst fiscal crises in a generation, Dubya moves once again to protect the wealthy by eliminating taxes on dividends, despite the minimal effect it’ll have on economic growth. Typical. I’ve wondered aloud (10/12) about the double taxation on business profits before, but that was in better times, before Dubya blew out the economy with his deficit-exploding tax plan of 2001. (Speaking of which, thanks for the 300 bucks. It changed my life.) Given our dire economic situation and wartime footing now, it’s almost criminal to eliminate dividend taxes to aid stockholders, particularly when high payroll taxes continue to consume the balance of working Americans’ paychecks. (Of course, Dubya plans to pay for all this by freezing all domestic spending except homeland security.) Absolutely ridiculous…How out of it can you be? What will this plan do for the millions of Americans who don’t play the stock market? Are they suppose to pay for the war in Iraq while the wealthiest Americans watch their bank accounts grow? I swear the Monopoly guy must be taking meetings with Karl Rove somewhere in the West Wing.
Soak the Poor!
Brilliant. The Dubya administration is currently looking for ways to justify raising taxes on the poor. As Tim Noah pointed out in Slate, between this and Trent Lott it seems the GOP is showing their true colors all of a sudden.