President Bush today called for about $145 billion of tax relief and other incentives to stimulate the economy and ensure continued growth. He didn't outline specific proposals, but said a growth package must include tax incentives for business investment and "direct and rapid" tax relief for individuals.
Everybody who pays income taxes - everybody - should get some relief. That's the only fair way to do it, so let's start printing the rebate checks. And the Congress should have the guts to also completely eliminate the dreaded alternative minimum tax and make the Bush tax cuts permanent.
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