Don't Count on That Tax Cut

Brief

Don't Count on That Tax Cut

Commentary
June 7, 2001

Abstract

[New York Times] President Bush will sign his long-promised tax cut today. But conservatives shouldn't break out the champagne just yet, nor should liberals start taking their antidepressants. Passing the cuts was easy. Mesmerized by projections of mountainous surpluses, few legislators could say no. But Congress and the president have turned their attention to crafting solutions to the nation's other problems, and now the real battle over taxes will begin.

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