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August 29, 2004

The Truth about the Bush Tax Cuts

The Detroit News has an excellent editorial on the Bush Tax Cuts. Here is a snippet of it (emphasis mine):

A report from the nonpartisan Congressional Budget Office has Democratic presidential candidate John Kerry claiming it proves that "Over the last four years, the burden of taxes has shifted from the wealthy to the middle class." Those are politically motivated lies that distort the findings of the report. Here's the truth. The report proves that what President Bush said about his tax cuts is true: "Tax relief is for everyone who pays income taxes." It's true for the rich, and it's true for the not-so-rich.

Read the whole article.

Posted by Beth at August 29, 2004 9:15 AM