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Economists for Dean
By Lerxst
Paul Krugman writes:
Many Democrats have called for a partial rollback of the Bush tax cuts, preserving the "middle class" cuts -- those that convey at least some benefit to the 77 percent of taxpayers in the 15 percent tax bracket or below. Such a partial rollback would have reduced this year's budget deficit by about $180 billion; that would help, but one hopes politicians realize that it's not enough.
As far as I can tell from the Kerry website, the only part of the Bush tax cuts that he wants to eliminate is "Bush's special tax breaks for Americans who make more than $200,000."
That is certainly not the "middle class" (15% tax bracket) that Krugman is talking about. Dean's expressed approach of reforming the regressive payroll tax for lower and middle class workers --if we can afford it-- sounds more like what Krugman has in mind.