Which Way, L.A.?
Federal Taxation
President Clinton and Congress say the budget deal and tax cuts will be good for both rich and poor. But who is rich and who is poor? Big questions for the 21st Century. What is the state of the social contract? What should each of us give to society and what should we get back?
Daniel Mitchell: Senior Fellow in Political Economy, Heritage Foundation. Robert Shapiro: Vice president, Progressive Policy Institute. Martha Phillips: Executive director, Concord Coalition, a bi-partisan group dedicated to balancing the budget. Martin Corry: Director of Federal Affairs, American Association of Retired Persons. Senator Paul Wellstone: Democratic Senator from Minnesota. (Doing a "poverty tour" of the US.) Congressman Brian Bilbray: Republican Congressman from District 49, San Diego. Kevin Phillips: Publisher of American Political Report, author of The Politics of Rich and Poor and Arrogant Capital: Washington, Wall Street and the Frustrations of American Politics. Jim Knox: Executive Director, California Common Cause. John Jacobs: Political Editor, McClatchey Newspapers.