The largest topics during this election have been foreign policy, economy, health care, and military. When economy comes up and possible solutions arise Kerry and Bush have seemingly night and day views when it comes to tax cuts. The truth is that Kerry supports all of Bush's tax cut except for the cut for the ritch. However, the difference is not astounding according to Clint stretch, director of tax policy. A family consisting of two children earning an annual household income of $250,000 can expect to pay $1,300 more under Kerry's tax plan. The same family making an annual income of $180,000 would see no change under John Kerry's tax platform. However, Kerry promises that the ritch will be supplying the military with additional aid, healthcare reform along with more affordable healthcare coverage, and cut the deficit by 50% in four years. Kerry's arithmatic in terms of costs for his platforms and the inflow from his tax plan seem far fetched. There will be no change from Bush's tax plan on the poor and middle class.
www.msnbc.msn.com/id/6336867
2 comments:
Tuesday can't come soon enough in my mind. I will be glad to have the election behind us. Hopefully the people in the key states will pick the right man for the job.
-1 for spelling mistakes in Stevepadilla2's post.
Let me channel Landsburg for you: the closeness of the election is a signal that there isn't too much difference between the candidates' positions. This sounds like a heresy, but think about the volume of name calling, and the small volume of discussion about serious policy differences. It may just be that there aren't many.
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