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

To: Jagfan who wrote (174823)	8/27/2001 2:40:56 PM
From: DMaA	Read Replies (1) \| Respond to of 769670

Alian intelligence? Tax cuts = spending. Spending = investment. Paying down principal = saving social security. Why is that so hard to comprehend?

To: Jagfan who wrote (174823)	8/27/2001 2:46:58 PM
From: Mr. Whist	Read Replies (2) \| Respond to of 769670

Re: "Any taxes on "Big Business" are only going to be paid by the "little consumer". Why is that so hard to comprehend?" Not true. Oftentimes the shareholders must bite the bullet, which is the way it should be. Some companies can pass on higher taxes to consumers in a competitive marketplace. However, a lot of companies can't. Or let me try putting it this way: How many jobs did GE save by paying 9 percent in federal income taxes last year as opposed to, say, 18 percent? The answer is zero. No jobs were saved. So there is no altruistic reason not to close obscene corporate welfare loopholes.