Monday, May 05, 2003

Robert Novak: Saved by Bill Thomas

Novak writes that Ways and Means Chairman, Bill Thomas, is using his tax-cut bill, which includes capital gains tax cuts, to bail out the administration's moribund tax cut plan. I suspect that some sort of dividend tax relief will find its way back in the House plan as finally adopted. Then the administration will dare the Senate Democrats to kill it and hurt their elderly constituents. These guys will take the dare.