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Jens 'n' Frens
Idle thoughts of a relatively libertarian Republican in Cambridge, MA, and whomever he invites. Mostly political.
"A strong conviction that something must be done is the parent of many bad measures." -- Daniel Webster
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Tuesday, June 03, 2003 :::
George Will writes about the recent tax bill, and the President who signed it.
The sunset provisions serve the transparent fiction that the new cuts will deprive the government of no more than $350 billion over 10 years, the number that several deficit-phobic Republican senators insisted on. But given the success of Republican rhetoric--a success deriving from the public's common sense--in arguing that allowing a tax cut to lapse is equivalent to increasing taxes, the sun will set on few, if any, of these cuts.
So the 10-year cost to the government may exceed even the president's original goal of $726 billion, which he supposedly ``compromised'' in half. Democrats, noting that Bush has achieved all this with almost no help from congressional Democrats and with little enthusiasm from the public, are probably muttering to themselves, as they have been muttering since election night 2000: It is a good thing George W. Bush is dumb as a stump or we'd really be in trouble.
George Will does subtlety well. Read down to the penultimate paragraph to see my favorite thing about the tax cut (and, I suspect, my brother's).
::: posted by Steven at 2:33 AM
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