I've been thinking about Bush's desire that the Federal government stop taxing the income that rich people get from dividends, plus his belief in state's rights, as well as the news that the states are suffering their largest fall in revenues since the 1930's, it occurred to me that there is a simple solution.
Let the Federal government stop taxing dividends, and let the states tax people at exactly the same rate the Federal government did. That way Bush can claim a tax cut, the states get a huge revenue windfall, and everything stays the same for the taxpayer. Everybody would be happy!
Posted by Geodog at January 9, 2003 12:29 AM | TrackBackMy apologies, but my web hoster has turned off commenting, due to a flood of obscene spam bringing the server to its knees. I hope to have this weblog transitioned over to Wordpress in the near future, so that I can have commenting up and working again. Until then, please feel free to send me your comments via my email contact form.. Please ignore everything below this comment.