Investor Tax Cut Is Just Election Year Posturing.
“The White House has made it clear to concerned conservative economists that its plan to push for tax cuts for investors is designed more to help Republicans in the fall elections than to pass Congress this year,” the Washington Post reports. White House economic advisor Larry Lindsey said President Bush is simply “giving GOP candidates an answer to Democrats who blame the president’s party for this summer’s dramatic stock slide.”… [Taegan Goddard’s Political Wire]