This TIME magazine column suggests that Bush should abolish double federal income taxation of Social Security and Medicare taxes. It’s a very persuasive argument, although like many of the arguments favoring sanctions and inspections in Iraq, it’s funny how liberal writers only get enamored of this type of tax cut when they’re trying to come up with an alternative to Bush’s more vigorous proposals. Bush is looking for an economic shot in the arm, which – along with the argument that it will improve corporate disclosures – is why he’s targeting the dividend tax. This proposal certainly belongs in the basket for the next round of tax cuts. Maybe this will go in the 2004 platform . . .