Read this editorial in today's Washington Post for a quick and straightforward discussion of why President Bush's two additional tax cut proposals (that haven't taken effect yet) are unnecessary. These two tax cuts, which begin to phase in next year unless Congress acts, would go to the 4 percent of U.S. households with annual incomes of over $200,000, and would reduce government revenue by over $200 billion. The column asks the right question: given the growing record deficits and uknown future costs of war endeavors, "Why does President Bush think this tax break is necessary?"