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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (542110)	1/9/2010 11:51:52 PM
From: TimF	Read Replies (2) of 1576060

The greatest preponderance of the benefits went to the rich. Actually the great preponderance of the benefit went to the nearly rich and wannabe rich. Those who are already really rich don't really get hurt by high taxes as much as those trying to push their way in to that category. Using a wide definition of rich, to include those nearly/wannabe rich, than yes a strong majority of the direct tax savings went to the rich, but that's only because they paid (and continue to pay) most of the taxes. They also pay the most direct burden of tax increases when taxes go up, so they should get the most direct benefit when taxes go down. But you ignore the indirect benefits, lower taxes are positive for the whole economy, and also mean people are freer, less in control of the government. "In certain ways, in certain particular instances it did, like it has under just about every president, but broadly enforcement of regulation continued to increase." Tim, now you are just making things up. Not at all, we've had a long run trend to more and more government control. Interruptions of the trend are fairly rare, and overall didn't happen under Bush II.

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