Magazine

Table: What's Wrong with the Tax Cut


-- It will do little to boost growth in the long run. Supply-side incentives take years to kick in.

-- It adds more complexity to a tangled tax code. Tax filing will become even more of a headache.

-- It is built on a gimmick. To make cuts fit within Congress' $1.35 trillion limit, the entire law is repealed in 2010.


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