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    Friday, October 08, 2004

    My money 

    Read his lips, no new taxes on the middle class: Why don't I believe John Kerry when he says he'll put money in my pocket? Bush did, is what I'm saying. Here's a little dose of economic reality: According to the Congressional Budget Office, the top 20 percent of earners would have paid 78.4 percent of income taxes without the Bush tax cuts. With them, they pay 82.1 percent. The cuts also removed 14 million taxpayers from the tax rolls altogether. And income tax receipts went up this year for the first time since 2000. So Bush redistributed the tax burden upward and brought in more money. Pretty good deal.

    posted by Leo Morris at # 9:53 PM




    TowarnickyMorris

    On the left: Carol Towarnicky, chief editorial writer for the Philadelphia Daily News, from a liberal point of view.

    On the right: Leo Morris, editorial page editor of the Fort Wayne (Ind.) News-Sentinel, from a conservative point of view.


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