IB,

"1&2) it pays for itself through lower spending and increased revenues via lower tax rates which would begin during the next budegtary cycle."

First, we haven't seen any "lower spending" from Bush in four years, and I acknowledge the extenuating circumstances. Wouldn't you say that this latest tax break to the corporations qualifies as "spending"? How does that qualify as "lower spending" or "decreased spending"?

Second, forgive me, but I truly fail to see how lower tax rates, especially on the wealthy, where it really matters, really adds up, really becomes real money, can possibly translate into increased revenues. Sounds like "fuzzy math" to me! We'll collect a lower percentage, and thereby will collect a higher total. HUH?!?!?

Sounds like the Grinch lying to little Cindy Lou Who, about her Christmas tree:

"theres a light that won't light on one side. I'm bringing it back to my shop. I'll fix it up there... and I'll bring it back here."