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If I Were President . . .

Bush and Gore make very different promises on the subject of tax cuts.

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This story appears in the August 2000 issue of Entrepreneur. Subscribe »

Sure, we'd all like to see federal taxes cut. And with the presidential election just around the corner, now's your chance to cast your vote-not just for a candidate, but also for how you want this country's tax policy shaped.

Texas governor George W. Bush and Vice President Al Gore are both calling for reductions in taxes; however, the two have tax plans that vary in detail and scope. For the most part, the major differences stem from how the two candidates plan to spend future budget surpluses accumulated from outside the Social Security program. Bush wants Washington to distribute a large amount of those surpluses to taxpayers in the form of tax cuts. Gore, on the other hand, says he wants to pay down the debt and put the surpluses back into Social Security, as well as use them to help fortify Medicare.

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