Whose tax cuts? (Comment).(Editorial)

I'M WELCOMING MYSELF BACK TO the Prospect by declaring a holiday on the payroll tax. Starting as soon as possible, you'll be relieved of payroll taxes on the first $20,000 of your annual income. The tax holiday will last two years. Ballpark cost to the government: $700 billion. We'll pay for it by repealing Bush's estate tax cut, which will also cost around $700 billion. Are you with me? All we have to do is convince Democrats it's a smart move and strike fear in the hearts of enough Republicans to get it passed and signed. We'll start in January when Congress reconvenes.

Bush ...

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