MSNBC news programs: on Tax Reform


Dick Gephardt: Bush tax cut plan threatens our prosperity

Democrats contend that Bush’s tax cut plan already is too big and ineffectual as a stimulant. They say it would leave too little to overhaul Social Security and Medicare programs for retiring baby boomers.

House Minority Leader Dick Gephardt warned that Bush’s tax plan “threatens our prosperity and could return us to the big budget deficits of the 1980s. I, for one, have learned a valuable lesson from the 1981 Reagan tax cut. I do not intend to repeat that mistake.”

Source: MSNBC.com on 2000 election Feb 1, 2001

Pat Buchanan: Tax imports & transnationals instead of small businesses

We'd reduce taxes and change the tax code. First off, you keep paying down the debt. Secondly, put more taxes on transnational corporations, take them off small business. Put them on imports from China, take them off American savers, investors and workers. You change the tax system, and with this tariff revenue, you've got $200 billion you could cut taxes with. You bring home some of these troops from some of these foreign places, use much of that to build the military. The rest of it, cut taxes.
Source: Interview on MSNBC's "Equal Time" on 2000 election Nov 2, 1999

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