August 9, 2007

You have GOT to be kidding me

Posted in Government at 8:46 am by The Lizard Queen

We’re stuck in a war overseas, and there’s not enough money for equipment. On the home front, our infrastructure needs major work. So, what does Bush want to do? Why, cut corporate taxes, of course!

President Bush said yesterday that he is considering a fresh plan to cut tax rates for U.S. corporations to make them more competitive around the world, an initiative that could further inflame a battle with the Democratic Congress over spending and taxes and help define the remainder of his tenure.

Advisers presented Bush with a series of ideas to restructure corporate taxes, possibly eliminating narrowly targeted breaks to pay for a broader, across-the-board rate cut. In an interview with a small group of journalists afterward, Bush said he was “inclined” to send a corporate tax package to Congress, although he expressed uncertainty about its political viability.

I find the phrasing of the second paragraph telling, though.  “Advisers” presented him with these ideas, and he was uncertain about the political viability of the plan.  Hmm.  I’ve been inclined for a while now to think that Bush is much more a pawn in the political game than a player, and this seems to support that idea.  It’ll be interesting to see how this plays out — and, in general, to see what Bush does with the remainder of his time in office.

[via Crooks and Liars]

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1 Comment »

  1. Dave said,

    Bush a player?? HA! He’s been a pawn for PNAC and corporate interests since the beginning. His problem is that he is WAY to eager to please his peers and has no interest in standing up for, or even learning about what’s right for America. Though I think the issue of American corporations loosing their global competitive edge is *almost* as scary as the overwhelming mountain of debt our country has gotten itself into, cutting taxes is clearly not the answer. How about investing in education to create a more competitive workforce so that American companies can compete on the global stage?


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