"Mike Rapoport" wrote in message link.net...
To be fair, the only reason that there was a surplus is because the country
got caught up in a technology stock mania. The market was generating
trillions of short term gains and taxes on those gains is what swelled
federal and state coffers. Bush entered the white house with millions of
taxpayers carrying forward losses.
Which would explain why he pushed a taxcut package on calculations
based on those surpluses.
tb
|