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To: Box-By-The-Riviera™ who wrote (70691)2/23/2001 2:11:54 PM
From: Dave  Read Replies (4) | Respond to of 436258
 
Yeah baby, bring on the Bush Depression! Rubin nailed it in that article. Bush's puppetmasters are trying to base a $1.6 TRILLION Windfall For The Rich on pie-in-the-sky budget projections based on 1999 prosperity (the year in which the Fed flooded the world with unprecedented mountains of dollars).

Yes, I call it a Windfall For the Rich because the money will go disproportionately to the wealthy. At first glance, cutting federal income taxes by a uniform percentage is fair, but you have to consider that 80% of the U.S. population actually pays more in payroll tax, which is not going to be cut, than in federal income tax. So the poor and middle class would have much smaller percentage overall tax cuts than Bush's puppetmasters. Cheney alone stands to save $300,000 on his tax bill.

Bring on the Bush Depression!

Dave