Tax plan gets mixed reviews
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Deepa Bharath
NEWPORT-MESA -- It could buy them anything from a dress they have
wanted for a long time to a surfboard.
But local residents said they would extend an eager yet skeptical
welcome to tax cuts -- a $1.35 trillion tax bill that received Senate
approval Saturday morning.
The bill, considered a legislative victory for President George W.
Bush, was approved by 58 to 33 votes in the Senate -- a decision
supported by 12 Democrats and 46 Republicans.
Mike Halphide, a Newport Beach resident, likes the sound of the plan
that promises the $1.35 trillion tax relief for Americans over a 10-year
period.
“I’m all for it,” Halphide said. “But just like anything else, I’ll be
skeptical until I get my check in the mail or see the withholdings on my
pay check go down.”
Some said they have mixed feelings about getting money back from the
government.
“I could always use the extra cash,” said Belinda Ocana of Costa Mesa.
“But I’d rather see the money benefit the community.”
The passage of the bill means people could start receiving their
checks as early as this summer. Individuals could get back up to $300 and
married couples up to $600, according to the plan.
The bill gives some relief to the middle class, said Michael Hawk of
Costa Mesa.
“I think it’s great for the working class,” he said. “It freaks me out
sometimes to see how much is taken away from my pay check.”
Some believe a tax relief has been a long time coming.
“Taxes are horrible,” said Costa Mesa resident Chuck Chick. “When I
look at the money made and the taxes being taken away, I don’t see the
point of working so hard.”
Others say they have already started thinking about what to do with
the money. Dave Rogers says he is going to invest it in the stock market.
“All stocks are pretty cheap now,” said the Arizona resident, who was
with his family in Triangle Square on Saturday. “It’s a good time to
buy.”
It’s about time working people got a break, said Rogers.
“This is a good idea,” he said. “I believe we’ve been overtaxed all
these years.”
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