During the 2000 presidential campaign, then-Governor Bush liked to tell the story of a hypothetical waitress who would benefit from his tax cut plan. "Under current tax law," he said, "a single waitress supporting two children on an income of $22,000 faces a higher marginal tax rate than a lawyer making $220,000," adding, "Under my plan, she will pay no income tax at all."
This wasn't much of a feat. What Bush failed to mention was that his hypothetical waitress probably already paid no federal income tax.
In August 2001, President Bush announced a new policy on the use of stem cells in federally funded...