PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Ms. Baby Boomer who wrote (411041)	6/2/2003 4:31:02 PM
From: Thomas A Watson	Read Replies (3) of 769670

Still cannot figure out how cutting the rate a company pays in taxes is taking the taxpayers money. A tax cut for business is simply a change in the cost of doing business. If that change becomes income to some taxpayers then that taxpayer will pay on the extra income. If the money is spent to hire new employees or buy equipment then the employees will pay taxes and or the new equipment will be a profit for some other company to pay taxes on. PS - why would you support the Crony Capitalism enrichment of corporations ('Socialism for companies') with an $80 billion no-strings 'gift' from the American taxpayers? The stupidest simple minded thinking I have ever seen. again.

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