The Washington Post, September 19th, 2001
HOUSE REPUBLICANS are peddling a capital gains tax cut as a possible economic answer to last week's attacks on the World Trade Center and Pentagon. It's a misleading cloak for an old and mostly bad idea whose likely effect would be to exacerbate the problem it purports to solve. Someone -- the president? -- should tell the would- be hitchhikers to back off. The threshold question the president and Congress face is whether to pass any stimulus. Is it needed? The arguments in favor are that all the worlds's major economies are struggling, last week's attack was a further blow to waning confidenc...
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