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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (171622)	8/15/2001 3:30:07 PM
From: Logain Ablar	Read Replies (2) \| Respond to of 769670

Fact the top 5% income earners pay over 80% of the income tax. Fact the goverment tax burden (federal and state) is now over 34% of GDP (imagine if GDP were to drop). A record level exceeding the WWII level of 30%. Fact the federal tax burden is now over 24% of GDP. A record excluding war time (its getting close to the WWII level). Don't look @ the rates but look at what is actually being collected. As for these comments: Reagan put the S+L deregulation into effect and not one admission. I commented on S&L but actually don't know enough to comment except where I did. Reagan cut federal mental hospital budgets and threw homeless onto the streets. No admission just deflection. I don't know if this is true or not so no comment. Knowing Reagan he pushed this to the states. Rich in the US have lowest tax rates of any western country. No admission. So what they pay a high burden. Its not the rate but the actual $$'s. I bet if you looked @ Germany, France & UK the top 5% pay less than the 80% so careful with this one. Rich take advantage of huge write-offs and often actually pay less than your average working stiff. No admission. You didn't read what I wrote. Your example is the exception not the rule. The rich pay a huge tax burden and still do. I don't make excuses. I work hard for what I earn and don't expect government handouts. How much of a government burden do you want? Quit blaming Bush for the high energy prices. They've been coming down since about 2 months after he's been in office. I an not fool enough to give him credit for lowering them. I didn't diss mccain. you brought up the S&L crisis & i pointed out it was not Reagan but the corrupt S&L owners / managers. Re read what I wrote. As for soft money I under stand the Republican position completely. The Republican's hire people to get their message accross while the Democratic strength is the labor volunteers. The McCain bill would have hampered the Republican infrastructure.