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Readers responding to our April 12 cover story sorted through the confusion of the Bush tax cuts. Most divided along partisan lines. "Allan Sloan delivered a gut punch to lots of folks who believed in the Great Tax-Relief Swindle," one said. Another noted, "As a retiree whose income is totally interest, dividends and capital gains, I should love the Bush tax cuts. But since I'm an old-style liberal, the fact that a CEO with a million-dollar gain on stock options should get better treatment than someone sweating for his living irks me." Others disagreed. "Sloan's steady drumbeat of carping on the tax code has an underlying complaint that taxes are too low for everyone except the 'poor'," one said. Several were particularly skeptical of the taxpayers pictured. "The families shown all said they were struggling, and the tax cut has not helped them," one noted. "Well, let's have them pay it back and see if the amount is 'inconsequential' to them then."
Who Will Benefit From Bush's Tax Cuts?
Bravo for the excellent April 12 articles by Allan Sloan ("Why Your Tax Cut Doesn't Add Up" and "6 Fixes for the Tax Mess"). It is refreshing to read a clear, unbiased, analytical approach to the problems with the present tax system, with realistic, practical suggestions about how to...
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