Wednesday, January 08, 2003

McCain, while very smart on alternatives to Bush's stupid favor the rich tax plans, seemed out to lunch on the Korean crisis on Face the Nation. His recomendation that Japan acquire nuclear weapons would blow up in Japan, China, Korea, and across the U.S.

One of the options that we have is, of course, is to remove our objections to Japan developing nuclear weapons, since they are now directly threatened by North Korea. I'm sure the Chinese would not like to see that happen.

I thought the last round of tax cuts was way too tilted. By the way, one of the things we could do to get more money for tax relief to lower-income Americans would be to put a cap of $4 million or $5 million on the estate taxes. I don't see why Bill Gates shouldn't pay an estate tax.

Cap the estate tax, a payroll tax holiday, probably education tax credit, child tax credits. There's a whole lot of ways you can help middle-income and lower-income Americans.

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