Friday, September 21, 2007
- Blackstone's "Overreaching' Hinders Tax-Rise Fight, by Jonathan D. Salant
- Republican Senator Predicts Permanent Net Tax Ban Will Pass, by Anne Broache
Don't Mess with Taxes:
- Taxman to Question Families Over Gifts that Beat Death Tax. by Joe Bolger
New York Times:
- Conflict-of-Interest Issue Is Raised in Tax Shelter Case, by Lynnley Browning
- V.C. Nation: Entrepreneurs Defend a Tax Benefit Despite a Dubious Congress, by Matt Richtel
Bushism of the midweek. From yesterday's news conference: "We dealt with a recession, a terrorist attack and corporate scandals. And we did it by cutting taxes."
One more cut in capital gains, and Osama's toast.
Update: American Thinker:
[The WaPo Bushism] loses some of its witty edge when served up with even a shmeer of context – let’s try some: The president was actually responding to a question about Alan Greenspan’s book criticizing him “for being fiscally irresponsible”:
“I respectfully disagree with Alan Greenspan when it comes to saying that this administration didn't handle the fiscal — fiscal issues we faced in a good fashion. As a matter of fact, we did. The deficit, as a percent of GDP, is low; it's lower than the 30-year average. We have submitted a plan to balance the budget. We dealt with a recession, a terrorist attack and corporate scandals. And we did it by cutting taxes. The tax cuts worked. The economy recovered. People are working. Interest rates are low.”
So the President never really suggested we dealt with 9/11 or corporate scandals by cutting taxes.