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On Monday, Treasury Secretary Paul O’Neill kicked off national “Small Business Week” by issuing a press release that claimed George W. Bush’s proposal to cut the top income tax rate would benefit not only super rich folks, but more than three quarters of all small business owners as well. “Do you know who benefits from […]

Today, George W. Bush is traveling around the country touting his top priority — a giant tax cut. But he exaggerates the benefit to the middle class, while neglecting to mention that he would give the top 1 percent of families 43 percent of the tax cuts. The tax cut for the wealthiest 1 percent […]

The Washington Post The Great American Debate about how to use the largest budget surplus in history has come to a choice between the giant $1.2 trillion tax cut recently passed by the Senate and the gargantuan $1.6 trillion cut passed by the House. This week House-Senate conferees begin picking a figure between these two. […]

USA Today To listen to the White House and Republicans, you’d think the biggest choice facing the nation is whether to use projected budget surpluses to “save Social Security,” as the White House proposes, or to cut taxes across the board, as Congressional Republicans propose. Because the polls show most Americans want both, you can […]

When he first introduced his tax plan to a joint session of Congress, President Bush declared, “Some say my tax plan is too big. Others say it’s too small. I respectfully disagree. This plan is just right.” Conceding that he failed to meet his original $1.6 trillion target, the President has switched from porridge to […]

The Washington Post The economy is slowing, yet the surplus keeps growing. President-elect W. wants to use both to justify a big tax cut. How should the Democrats respond? (A) Warn once again that a big tax cut will jeopardize Social Security and that a better use for the surplus is to pay down the […]

What else might we accomplish if we didn’t give back 1.6 trillion dollars in tax cuts,about half of the money to millionaires? For starters, we could end poverty in America – by making sure that work pays a living wage and that children don’t pay the pricewhen mothers work. In 1996, President Clinton and the […]

Let the President know he didn’t buy your vote! Donate your tax rebate to these organizations that Bush wouldn’t want you to support. Taxes and National Priorities: Institute for America’s Future http://www.ourfuture.org Center on Budget and Policy Priorities http://www.cbpp.org Institute on Taxation and Economic Policy http://www.ctj.org/ Economic Policy Institute http://www.epinet.org Environment: Earthjustice Legal Defense Fund […]

Broadcast September 27, 2001 Federal Reserve Chairman Alan Greenspan has told Congress to wait and see what happens before enacting a stimulus package. Congress is heeding his advice. It shouldn’t. A stimulus is needed right away. Even before the September 11th terrorist attack, American consumers were in a deep funk. Personal savings rates were nearing […]