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Largely forgotten to history is that Kennedy also favored tax reforms to offset some of the estimated revenue loss.
This was frustrating to some of the political appointees at Treasury, who favored tax reform based on "supply side economics".
He has supported favored tax treatment for wind and solar power as well as a 50 percent increase in federal research spending on other alternative energy sources.
If that means most of the elderly end up with skimpy coverage, the lawmakers can explain to voters why they favored tax cuts over health care.
He said he favored tax relief because he did not see the harm in lowering the tax burden while the government had big surpluses.
The State Senate Republican leader, Jim Brulte of Rancho Cucamonga, said his members favored tax relief but believed it should be "for all taxpayers in California, not just for one group".
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Historically, economists — including me — have generally favored taxes on consumption, on the grounds that they would do the least damage to long-term savings, investment and economic growth.
Speaking at a Clinton economic summit meeting in 1992, Mr. O'Neill strongly favored taxing gasoline as a way of promoting environmentally sustainable economic development.
No. Do they favor tax increases?
On the economy: do I favor tax cuts or increases, expenditure reductions or increases?
The votes would be intended to show Republicans favoring tax cuts for the wealthy.
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