Error: I'm afraid this is the first I've heard of a "txt" flavoured Blosxom. Try dropping the "/+txt" bit from the end of the URL.
Fun stuff in Bush's budget
Apparently there was a bit that W. didn't go into during the SOTU address:
IMAGINE THAT President Bush had a plan to dramatically reshape the federal tax system, eliminating taxes on investment income for most taxpayers, making the tax structure less progressive and providing a boon to the wealthiest Americans. You might think he would mention it during his State of the Union address. You might think he would call it by its name: radical tax reform.This just seems wrong... but what do I know? Hey, this may even be beneficial to me personally... but it still seems wrong...It turns out that Mr. Bush has such an audacious plan, but he has left it to his Treasury Department and to his 2004 budget proposal, which was released yesterday, to spell it all out. It's being wheeled into town inside a Trojan horse of private savings accounts. That doesn't make it any less radical. Indeed, if enacted, the plan could have effects far greater than the president's related move to eliminate dividend taxes. It would create new savings accounts that would allow almost anyone who pays slight attention to tax planning to avoid paying taxes on investment income: gains from stocks, interest on savings and dividends.