ABCNEWS, April 2003 (ABCNEWS’ Betsy Stark, Terry Moran and Ann Compton contributed to this report.), ABCNEWS, April 24, 2003, abcnews.go.com.

The basic argument for the tax cut is that it's the most effective way to give the economy a much-needed boost. Many workers will pay less federal income tax. Investors will no longer be taxed on stock dividends. Married couples will be taxed less for filing jointly, and they'll get bigger deductions for each child they have.

"Their take-home pay will be larger and if they have more money in their take-home pay, that gives them more money to spend," said Mark Vitner, senior economist at Wachovia Bank.

2 The extra money in the pay check will be spent to create new jobs and end in a decrease in budget deficit.

ABCNEWS, April 2003 (ABCNEWS’ Betsy Stark, Terry Moran and Ann Compton contributed to this report.), ABCNEWS, April 24, 2003, abcnews.go.com.

Supporters go on to say Americans will then spend that money at stores and restaurants, airlines and hotels, and soon those businesses and their suppliers — all of which have been cutting workers — will start hiring again.

Supermarket News 4, September 01, 2003. Fairchild Publications, RDS

Issuers are expected to take the next step in tapping renewed demand for dividends by selling new preferred stock and retiring debt, which would benefit both themselves and investors.

8 Tax cut looks good from the suppliers’ point of view.

Home Channel News, 29 (15): 110, August 04, 2003, RDS

It is easy to see what moves Mr. Bush. He feels for the unemployed. Who doesn't? And he reckons that the election cycle moves faster than the Schumpeterian economic cycle.

3 President Bush is showing his compassion for the unemployed.

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