All the Democratic candidates say they'd change President Bush's tax cuts in some way. But John Kerry (search) told the folks in Iowa that his Democratic rivals go too far in reversing parts of the Bush tax cuts — specifically, those that affect the middle class.

To drive his point home, Sen. Kerry issued direct-mail letters that attacked both Howard Dean and Dick Gephardt for their positions on tax cuts. The Kerry mailer pictures the faces of Dean and Gephardt superimposed over an IRS 10-40 form and a headline saying, "These Two Candidates Want Hard-Working Middle Class Iowa Families to Pay Higher Taxes."

The mailing adds that, "John Kerry is the only leading candidate who will fight against increases in middle class taxes." Opinion Journal's Political Diary talked to one Iowa caucus-goer with whom Kerry's pledge not to raise middle class taxes hit a resonant chord.

"If all the candidates and their positions blur together, something as clear as 'tax increases are coming' makes people sit up and take notice," said Chris Connor, an Iowa voter and salesman.

So who said tax cuts are just a Republican issue?

And that’s the Asman Observer!

David Asman joined FOX News Channel (FNC) in 1997 and currently serves as host of "Forbes on FOX," a weekend half-hour program that offers an informative look at the business week (Saturday from 11:00-11:30 AM/ET). Asman is also an anchor on FOX Business Network, where he co-hosts "After the Bell" (4-5 PM/ET) with anchor Melissa Francis.