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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: Scoobah who wrote (78791)9/25/2006 12:50:03 PM
From: American Spirit  Read Replies (2) of 173976
 
Bush's tax cuts are for the benefit of the super rich first, then the investor class second. If you make a lot of money from stock gains, you may have gained under Bush. The dividing line is $500,000 per yeat income. If you make that much or more, you win. If not, you lose.

So that's only about 5% of the country. The other 95% have gotten the short end of the stick. Plus, Bush clearly let his cronies in big energy and health care gouge us, plus he withdrew funding for education so that cost goes up. And his people fight against pensions, unions and national health care, so the security blanket for most Americans gets chopped up.

The average American family may have received $1000 in tax cuts but are made to pay $2000 more in energyt, health care and education. Plus their US dollars are worth 40% less if they travel, plus most of the tax cuts are another form of deficit spending. Borrow and spend instead of tax and spend. Borrowing from communist China and the Saudis mainly.
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