But the $140 billion in new business tax breaks included many special interest provisions sharply criticized by public interest groups and fiscal conservatives, which congressional aides said explained Bush's decision to sign it in private.

 

Sen. John McCain, an Arizona Republican who is campaigning for Bush, had called the measure "the worst example of the influence of special interests that I have ever seen."

 

Are most of the so called libertarians here in favor of the part of it below?

 

The bill also includes a $10 billion industry-financed buyout for tobacco farmers.

 

The bill also includes tax breaks for U.S. multinational companies, some of which critics say will encourage companies to ship jobs overseas.

 

 

 

http://money.cnn.com/2004/10/22/news/newsm...dex.htm?cnn=yes

Tax breaks for multinationals that critics say will ship jobs overseas? Well that depends on free trade agreements with other nations, will we lose manufacturing jobs and gain technical jobs via free trade among all nations. Thats the key if we lose jobs to say mexico, will we gain jobs for skilled labor. And also, will we lessen the strictness of certain immigration laws so that skilled workers from other countries can come to live here? In 2003, we outsourced 1.6 million jobs, but insourced 3.2 million technical jobs (tom sowell wrote about this in the journal and it came out in other local papers as well). So we had a net gain of 1.6 jobs not a loss as a result of outsourcing/insourcing. the tobacoo buyout impedes the free trade process so fine ill say im against that

PERHAPS, the criticism isnt of the tax breaks but of the provisions within the bills that have angered non liberals such as McCain and, as it states, fiscal conservatives. Things like a $10 billion buyout to tobacco farmers.

I'm not clear on how lowering the cost of doing business in the US will promote jobs export. Perhaps someone can explain this mechanism more clearly. Its easy enough to understand how raising the cost of doing business in the US can promote jobs export.

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And I'd like you to explain why this president, who you consider to be a better guy than Kerry, can secretly sign $140 billion in tax breaks for big companies. This is the man you want running the country for the next four years, a guy who's become a slave to special interests?

I'm not clear on how lowering the cost of doing business in the US will promote jobs export.? Perhaps someone can explain this mechanism more clearly.? Its easy enough to understand how raising the cost of doing business in the US can promote jobs export.

598796[/snapback]

And I'd like you to explain why this president, who you consider to be a better guy than Kerry, can secretly sign $140 billion in tax breaks for big companies. This is the man you want running the country for the next four years, a guy who's become a slave to special interests?

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Yeah why not just make this public the way he did the tax credits? Why not have a huge conference with raving true believers telling him he is God? Hmm...could he be a politician?