For those who don't care to wade through the hype, spin, and propaganda
ABOUT the speech, here's the unadorned
SPEECH[/b] itself. Personally, I find it more illuminating to study what someone actually has said than to accept what others say was meant by the speaker. Perhaps thats too fine a distiunction for some folks, but it works in court.
Kerry's "Plan", for instance, purportedly calls for a "5% Tax decrease for business", but reading through the proposal, the spin comes out: actually proposed is a reduction of 1.75%, from 35% to 32.25% ... the "5%"? Well, 32.5% is 95% of 35%, but calling that a 5% decrease is simply duplicity for the sake of obfuscation. Kerry's "Plan" would cost business, both here and abroad, considerably more than his proposed "cut", any way you parse it, and would stagger the already precarious European economies, which are bouyed by American investment and provide market for American exports. Another of his proposals would grant a $2969.00 tax reduction to a small business owner in the $500,000.00 income bracket (sounds like a lot, don't it? But back out the business expenses, and its a helluva lot less to live on once you pay for what it takes to earn that much from a small business) if that business owner were to hire additional help at a cost of $200,000.00/yr.
Yeah, that'll fly