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

To: American Spirit who wrote (476937)10/16/2003 7:56:33 PM
From: Selectric II  Read Replies (1) | Respond to of 769667
 
2. we need it to stimulate the economy (then give tax breaks to consumers not the idle rich, people whop will spend it right away)

The "idle rich," as you call them, are more likely to either invest it directly into projects that will produce more capital and jobs, or bank it, where it will be lent by the bank, properly collateralized, to somebody else who will. The result is profits, which get taxed.



To: American Spirit who wrote (476937)10/16/2003 7:59:38 PM
From: Selectric II  Read Replies (1) | Respond to of 769667
 
1. the surplus is YOUR MONEY (*and not your DEBT?, with the rich getting the great deal and the middleclass getting crumbs? Where is the stimulus? The jobs?)

Surplus is a surplus, not a debt. Your first question is nonsensical. The surplus is the result of tax income, from the people who paid the taxes.


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