In keeping with the political fun and games always played with tax legislation, Democrats are in the process of deciding whether to embarrass President Bush by forcing him to pocket-veto a Christmas-tree bill passed on the last day of Congress or to delay in hopes he will sign it just after election day. We favor a veto.
No tears need be shed for Mr. Bush because he is in this trap. It is very much of his own making. The voluminous measure, passed in the House in the wee hours as it rushed to adjournment, contains several measures the Republican incumbent advocated, including tax concessions to those who invest in 50 low-income enterprise zones and tax breaks for certain industries and special groups that could give the economy a boost.
Because the measure contains revenue increases to offset revenue losses, the White House has tentatively signaled a veto is in the making. And why? For all the wrong reasons. Mr. Bush has said he will "never, ever ever" approve any tax increases. Since any tax bill contains winners and losers, Mr. Bush's logic is just plain unworkable.