Triangle Taxpayers React To The Tax Cut Plan
Posted May 27, 2001 10:39 a.m. EDT
DURHAM — On Saturday, Congress passed a tax cut plan, the early focus of the young Bush administration. What does it mean for people in the Triangle?
If anyone is thinking about a higher child tax credit these days, it is Tara Strickland. She is expecting her first child in about a month.
"I think it's about time government has done something. Over the years, I actually feel like, being a single person before, I did have to pay quite a few taxes, so I'm looking forward to receiving something from the government."
Antonio Hill wants to be excited. He has two kids himself, but he is worried that those of us who are not wealthy are being left out.
"Most of the breaks are not going to go to the people who really deserve it. It is probably going to go to the wealthy, and the raises some concern."
President Bush's plan gives a tax break to every bracket. And all of us will get a tax rebate later this year. Some say it cannot get much more fair than that.
"I don't think that any one class should have to carry more of a tax burden than the other class," says Andrew Gall," so try to be as fair as possible."
"I think it's going to stimulate the economy by putting money in people's hands," says another taxpayer, "so they can spend right away and get things moving."
Bettina Brinkley is very much against the President's environmental policy. But a tax cut, she says, is a good idea.
"It hurt me to pay the taxes I had to pay this year. And it hurt me last year. And it would be nice to have something back," she says.
President Bush hopes to have the bill on his desk by Monday. He is expected to sign it early next week.