Friday, May 23, 2003

Bruce Bartlett on the Bush Tax Cut

Bartlett agrees with me that Cong. Thomas bailed out the Administration with his brillant "compromise" with the idiots in the Senate. The reduction of the capital gains rate from 20 to 15 percent is just what the doctor ordered. Also note that dividend paying companies like The Southern Company are up strongly today (SO up 5%); their stream of income being now more valuable.