The nice thing about the rebate check idea, of course, is that it ends up
being very progressive - a per person check that would give much less
proportionately to the wealthy. I wonder if the progressive Dems are smart
enough to grab onto the idea and push it hard. It seems like one that could
paint Bush as both a toady of the wealthy AND irresponsible at the same
time - a nice twofer.
-- Nathan
----- Original Message -----
From: "Jim Devine" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Thursday, February 01, 2001 7:28 PM
Subject: [PEN-L:7685] here's an economic proposal
here's an economic proposal, reprinted from SLATE:
>A NY [Times] op-ed plumps for an idea favorably discussed by the WP's
>David Broder in his column yesterday, and now apparently making the policy
>rounds in Washington: Instead of a tax cut programmed over the coming
>decade based on guesses about future budget surpluses, how about returning
>a portion of each year's actual surplus to taxpayers in the form of a
>rebate check? The key advantage: when the surpluses don't pan out, the
>government isn't committed to giving away money it turns out not to have.
>The Times piece suggests that this year's check could and should total
>$500 per permanent resident, so that a family of four would get $2,000.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
