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PRESS RELEASE FROM AMERICANS FOR TAX REFORM
Contact: John Kartch (
jkartch@atr.org or 202-785-0266)
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12/05/02
Class
Warfare and the Nanny State: John Kerry Wakes the Ghosts of the 1970's
Launching his presidential campaign, Massachusetts senator trashes
President Bush's tax cuts and proposes a grab bag of pork and state
interventionism
WASHINGTON -
In his first speech on economic policy since forming a presidential
exploratory committee, Senator John Kerry (D-MA) took aim at President
Bush's signature tax cut package and proposed his own collection of
economic initiatives.
The contrast
between the two packages could not be more striking - while the Bush
plan cut income tax rates across the board and eliminated such hated
and discriminatory taxes as the Death Tax and the Marriage Penalty,
Kerry would repeal those tax cuts and instead transfer wealth to targeted
interest groups such as organized labor and environmentalists. And he
would repeal the Bush tax cuts to "pay for" temporary payroll
tax reductions, which are sure to disappear soon after they have served
their purpose on election day.
"Kerry's
speech takes me back to the days of gas lines and stagflation,"
said taxpayer advocate Grover Norquist, President of Americans for Tax
Reform. "Rather than reducing the burdens of government and freeing
the spirit of innovation, Kerry's proposals enshrine those burdens and
add to them. Far from spurring growth, his package of tax and spending
measures is nothing but a payoff to his friends on the left."
Senator Kerry's
proposals include replacing Bush's tax cuts with a temporary "payroll
tax holiday," extending unemployment insurance benefits and increasing
the minimum wage, introducing job creation tax credits, and pouring
money into environmental research.
"John Kerry
seems to delight in moving money around from one person to another,"
Norquist continued. "But nothing in his package will do anything
to spur economic growth. If Kerry, who married into the Heinz Ketchup
family fortune, is concerned about tax cuts for the rich, let him pay
to the Treasury pre-Bush levels of taxes. But he shouldn't require every
entrepreneur, every family, and every investor to pay oppressive rates
of taxes to fund his handouts to his friends."
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Americans for Tax Reform is a non-partisan
coalition of taxpayers and taxpayer groups who oppose any and all federal
and state tax increases. For
more information, or to arrange an interview with Mr. Norquist please contact John Kartch at (202)785-0266 or by email at
jkartch@atr.org.
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