Tuesday, June 07, 2005

Tax cuts for the rich

Editorial, today's NYT

The Bush Economy
Published: June 7, 2005

With all of the debate about taxes, the economy and domestic spending, it is hard to imagine anyone supporting the notion of taking money from programs like Medicaid and college-tuition assistance, increasing the tax burden of the vast majority of working Americans, sending the country into crushing debt - and giving the proceeds to people who are so fantastically rich that they don't know what to do with the money they already have. Yet that is just what is happening under the Bush administration. Forget the middle class and the upper-middle class. Even the merely wealthy are being left behind in the dust by the small slice of super-rich Americans.

It's here, though I think it's too little and too late. The Times gave Bush a pass before the elections.

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