Monday, June 02, 2003

The Voodoo of Dubya-nomics


Time -- Michael Kinsley on why Bush's tax-cut bill doesn't make sense even by its own logic

Bush creates a straw man: the critic who says his plan "only helps the rich." The actual criticism is that it mainly helps the rich. The much smaller tax breaks for lower-income people are vital too. They provide cover and act as a bribe. For a few hundred dollars, the government buys your support for a plan worth millions to those who already have millions.

Of course he doesn't even have to help all lower income people, just some of them, and the tax cut doesn't.

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