Tax cuts is one of the VERY few areas Bush and I see eye to eye.

Jeremy, I don't agree w/a lot either, but the management principles he's trying to impose on the bureaucracy is starting to make a difference.

Look at the Pentagon buying and personnel procedures. And the AG dept. found $1 bill it didn't know it had and reduced its request by same.

Thanks for the shout out, Bill. As I noted on my post about it this morning, taxes are an issue I turn to your weblog to keep up with.

It's gotten to the point that Democrats will oppose anything that stimulates economic growth without more government. These tax credits would have their full potential effect if businesses, who plan several years out, could count on a stable, favorable tax regime. Unfortunately they can't.

As a rule I don't support deficits... except in times of economic down-turn.

During times of plenty expenditure should be cut back and investments into infrastructure held until we need economic stimulus... and debt addressed.

People seem to judge Clinton's economy on its peek and Bush's on its valley... this is concerning that so many people don't actually understand the trailing trend of economic policy.

As for the tax cuts, they must be made to simply maintain status quo. Income inflation in our progressive system leads to bracket creep... and in-turn de facto increases in taxes. Our latest tax cuts can be seen as an adjustment more than a cut.

It seems that everyone who personally meets Bush and is not totally predisposed against him seems to be persuaded of his competence and true desire to act in the interest of the country. It's the overwhelming number of people who knee-jerk hate bush because he IS liked that are such a mystery to me.

He's top of my list now of living people I would like to meet. (followed closely by Dolly Pardon, of course).

This was in today's Wall St. Journal, and states the case better than I did above:

Businesses remain wary of hiring new workers, much as they were in the early days of the 1990s' expansion. But talk of repealing the tax cuts won't make them any more eager to hire. What investors and businesses want is some assurance that the policies that have fueled this expansion will continue. That means making President Bush's tax cuts permanent.

Data on this recovery are proving the tax-cut doomsayers wrong, but the Administration needs to remember that in the early stages of recoveries, business reluctance to add to payrolls is a survival tactic. Government provides the most help by ensuring some kind of stability over the planning horizon that will help businesses justify new hiring.