OUR VIEW Tax relief package better than nothing
The editorial argues the $330 billion federal tax relief plan is modest but preferable to no relief, noting it is below the president and House goals and sparking debate on deficits and spending. It highlights benefits like lower withholdings, $400 per child for 26 million families, lower capital gains tax, and expanded business deductions, while criticizing $20 billion in state aid and possible political consequences in 2004 elections.
MENTIONED IN THIS ARTICLE
Bush
Senate
Congress
Vermont
Howard Dean
John Kerry
Massachusetts
Richard Gephardt
Missouri
Lawmakers and Officials Contact Addresses Listed
State lawmakers and officials are identified with their party, hometowns, and mailing addresses in Austin and local districts. The list includes Rep. George E. West of Odessa, Rep. Tom Craddick of Midland, and Sen. Teel Bivins of Amarillo with respective POs and box numbers for official correspondence.
MENTIONED IN THIS ARTICLE
George E
Buddy” West
Odessa
Austin
Texas
Tom Craddick
Midland
Teel Bivins
Amarillo
Justice and the 145 Billion Punitive Verdict Overturned
Sullum argues that Florida appeals court voided the 145 billion punitive award against five tobacco firms as grossly excessive and tainted by a runaway, race‑based jury. He notes bond rules and retroactive loosening of appeal bonds pressed by lawmakers and plaintiffs lawyers as part of the cost of due process, warning that financial ruin should not fund fairness.
MENTIONED IN THIS ARTICLE
Miami-Dade
Robert Kaye
Kaye
Florida
Third District Court of Appeal
U.S
Stanley Rosenblatt
Rosa Parks
Martin Luther King Jr
Rosenblatt
Tobacco
Philip Morris
Liggett
Lorillard
Illinois
Sullum
Reason Magazine
Cutting taxes to reform corporations
Stephen Chapman argues for reducing or eliminating double taxation on corporate dividends to curb incentives for mismanagement and excess borrowing. He notes dividend tax bias encourages reinvestment and opposes wasteful use of cash, citing Enron WorldCom Global Crossing and Ebbers as cautionary examples, and credits Bush tax measures with modestly boosting dividend payouts.
MENTIONED IN THIS ARTICLE
Bush
Peter Fitzgerald
R-Il
Ralph Wanger
Acorn Fund
WorldCom
Bernard Ebbers
Enron
Global Crossing
America
Chapman
The
Chicago Tribune
Also Mentioned on This Page
Link
Freedom
Dessa American
Freedom Communications
Bill Salter
John. Kerr
Ken Brodnax
Daing
Jacob Sullum
Law
Stephen Chapman
Lallard
Allmore
By Bruce Tinsley
AW. Bennetts Gambung
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