Bush Panel Set to Propose Perm. Huge Deficits& Major Tax Shift onto Wage-

We gotta do something folks before this happens.


FOR IMMEDIATE RELEASE
OCTOBER 18, 2005
3:25 PM


CONTACT: Citizens for Tax Justice
Bob McIntyre, 202-626-3780

Bush Panel Set to Propose Permanent Huge Deficits& Major Tax Shift onto Wage-Earners


WASHINGTON —Early news reports about the upcoming report from President Bush’s Advisory Panel on Federal Tax Reform indicate that the panel will propose a major tax shift away from capital income and onto wage-earners. In addition, the plan contemplates permanent extension of the revenue losses from Bush’s previously enacted tax cuts past 2010, at a cost of $7 trillion over the next two decades. This in turn will almost guarantee huge federal budget deficits for the future.....

He thinks they are lazy trash. The rich are the way to go. I hear he is going to make Paris Hilton the new poster doll of the rich. Certainly she fits the GOP qualifications to represent the rich. She's white, blonde, and born into money, just like W's girls. We need to cut food stamps so she and the Bushbots can enjoy their lives.