West Wing Airing: Tax Cut a Good Thing

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Talk about deja vu. This week I had the chance, along with a dozen other investment strategists, to brief President Bush and Treasury Secretary John Snow on the impact of the dividend tax cuts on growth, interest rates and stock markets.

I sat in the same chair, in the same room in the West Wing of the White House discussing the same subject, as I did 22 years ago in 1981 when we were putting together the Reagan economic plan. The only difference is that I had black hair then. ...