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

To: SecularBull who wrote (354133)2/5/2003 3:32:33 PM
From: TigerPaw  Read Replies (4) | Respond to of 769670
 
The real shortfall has come from the higher brackets,
This shortfall of revenue is mostly due to the massive tax cuts in the higher brackets and not from reduced income of the wealthier earners. The tax burden has fallen on the wage slaves who are paying into FICA more than those who have stocks.

The next leg of the Bush record deficit is going to make all previous borrow and spend policies look fiscally sound.
TP



To: SecularBull who wrote (354133)2/5/2003 3:42:37 PM
From: JDN  Read Replies (1) | Respond to of 769670
 
Dear Secular Bull: Boy you hit the nail precisely on the head. Our household income is about halved from previous years due to lousy stock market. Poor ole Uncle Sam isnt going to get so much from me this year. jdn



To: SecularBull who wrote (354133)2/5/2003 4:19:00 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 769670
 
people like you would like to tax this small percentage of the population, even more????? No, that is wrong! We don't want to INCREASE their taxes. We just don't want to DECREASE their taxes when the government is facing an increasing budget deficit.


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