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To: AugustWest who wrote (50519)2/4/2004 10:36:28 PM
From: Techplayer  Respond to of 57110
 
yes we are, unless we can create a new bubble to fill the tax coffers. Even at the peak at the previous bubble we were barely, if it all, break even.



To: AugustWest who wrote (50519)2/5/2004 12:21:16 AM
From: American Spirit  Read Replies (2) | Respond to of 57110
 
Wrong. Bush's tax cuts for the very rich are 900 billion. That would go a long way toward balancing our budget. That's almost two years of Bush deficits and three times the cost of the war. Why would you say it's just a drop in the bucket?

Kerry and Biden offered a bill that the very rich give up 1/3 their tax cut to pay for the war. Bushies rejected it without debate. Why?

Also, that doesn't include rich estate tax cuts, dividend cuts and capital gains cuts. Add them all together and they're worth trillions of revenue. Why do you think the government is so broke now, and getting more and more broke. 2005's deficit is estimated to be a whopping 850 billion. That's way too much for anyone to argue it's acceptable. That's twice the GDP of India, the second biggest country on earth.