Posted by taxguru on January 29, 2003
Accelerated tax cuts receive support
As I said in 2001 when everyone was proclaiming this to be a huge tax cut, it’s always a stupid idea to spread tax changes out over a long multi-year schedule. If reduced rates are a good idea ten years from now, they are an even better idea right now. A phased-in reduction is also always open to modification or freeze, as many of the DemonRats are still trying to do with the 2001 law.
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