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Bush tax cut paying off
- Article from:
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Daily Breeze
- Article date:
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July 20, 2003
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Copyright informationCopyright 2003 Daily Breeze. Provided by ProQuest LLC. (Hide copyright information)
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By Stephen Moore
Finally some overdue good news for workers: Your paychecks are
getting larger, thanks to the recently passed Bush tax cut.
The new tax cut officially took effect July 1. This means that the
typical middle income working family with two or more kids will save
more than $1,200 on federal income taxes this year.
Unfortunately, the Democrats are already trying to snatch this
money away by canceling the tax cut. At least four of the
presidential wannabes in the Democratic field say they want the tax
cut repealed even before workers get a penny of relief. So much for
the pro-worker Democratic agenda.
Here's more good news: The stock market has risen almost 10
percent since the tax ...