Bush May Try to Cut Corporate Tax Rates:President Bush said yesterday that he is considering a fresh plan to cut tax rates for U.S. corporations to make them more competitive around the world, an initiative that could further inflame a battle with the Democratic Congress over spending and taxes and help define the remainder of his tenure.Here's a suggestion: Let's stop spending enormous amounts of money on that misadventure in Iraq before the phrase tax cut passes your bloody lips one more single stinking time!
…"Our tax structure makes us less competitive, and if we want to be a competitive nation, we've got to analyze a lot of things, including taxes, dependence on oil or good education policy," Bush said. "And so we will work through possible suggestions for Congress."
Consider my gob well and truly smacked. Just when I think nothing else emanating from the White House could possibly shock me—pow! Corporate tax cut proposal. Right in the kisser.
