washingtonpost.com: The Tax Cut Trap

LET'S SEE IF we have this right. President Bush plans to propose a stimulus plan the centerpiece of which will have little or no stimulative effect. At a time when some people badly could use help, Mr. Bush's tax cut mostly will help those who need it least. And while the president is warning Congress to restrain its spending on basics such as education and aid to the poor, the tax cuts will further inflate his growing budget deficit. No wonder that Mr. Bush, even before officially unveiling the plan tomorrow, waved his magic "class warfare" amulet, seeking to obscure the obvious -- another tax cut for the rich -- by preemptively accusing his accusers.

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