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"thunder" wrote in message ... On Mon, 08 Nov 2004 13:34:54 +0000, NOYB wrote: He does *not* favor raising taxes to lower the budget deficit. Instead, he promotes tightened spending. Great, so do you think the President will listen to him this term? Yes. A 1% bump in discretionary spending is tantamount to a cut if GDP is growing at better than 3%. Or, do you, like myself, think there will be a tax *increase* hidden in that "tax overhaul" he's been talking about? There won't be a tax increase. However, there will be certain loopholes (like the SUV deduction) that will be eliminated. |
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