Posted by taxguru on April 13, 2002
What Our Rulers Giveth, They Can Taketh Away
A popular trick by our rulers in DC is to take credit for things that will never happen or are temporary. The “huge” tax cut that was passed last year is the perfect example. It phases in over ten years and then disappears. It’s like invisible ink.
I was glad to see that President Bush reminded everyone in his radio speech this morning that the law is only temporary. I agree that everyone should put pressure on their elected officials to make the law permanent ASAP. This is an election year; so the opportunity to hold their feet to the fire will never get better.
KMK
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Tax Guru - Ker$tetter Letter 