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

To: Neocon who wrote (532201)	1/30/2004 8:38:17 PM
From: JBTFD	Read Replies (2) \| Respond to of 769670

<<First, there is no reason to think that has anything to do with job creation, which is what we were talking about.>> Sure it does. If you give money to people who won't spend it because they already have enough money to buy anything they need, then there will be no economic stimulus that will result in demand for more jobs. That is what Bush did. If you gave they money to people equally, say $300 to every taxpayer, the low income ones would immediately spend the money. At least they are much more likely to spend it than people who have enough money to buy anything they need. Your second point is the standard EXCUSE given to try to reform the tax code, which is what Bush did by aiming his tax cut such that those that paid more taxes got more back. It's not an equal cut. It favors higher income people, which is exactly what Bush wanted to do. But don't give me this line that it is equitable. It is not. The benefits are not equally spread across all taxpayers. It actually does have a huge bias towards high income people. Your BS is simply not true.