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

To: Knight who wrote (616900)	9/2/2004 5:26:07 PM
From: Kevin Rose	Respond to of 769670

The observation was that Bush's tax cuts shifts the burden of tax more heavily onto the middle class; that is, the percentage of the total tax burden paid by the middle class is higher than previously, and less for the rich. Is that not true? Don't go on and on about how the rich pay more. Of course they do, they have more. It's called a progressive tax.

To: Knight who wrote (616900)	9/2/2004 6:15:16 PM
From: Kenneth V. McNutt	Read Replies (1) \| Respond to of 769670

The CBO was tasked by the Democrats to use any means(numbers)necessary to obtain the desired results, that the rich gained disproportionately to the poor and middle class. Some imaginative Democrats in the CBO, non-partisan you know, decided to take the tax savings of the rich and assume they would, of course, be invested as all rich do. The resultant theoretical capital gains , interest and dividends, based on 2001 investment return figures from the IRS, was then added to the tax savings of the only the rich, as we all know the middle and lower economic classes do not invest. This mathematical ledgergermain, plus figuring in payroll taxes proved beyond a shadow of a doubt the tax reduction favored the rich. As you know, the unreal figures have been used to show President Bush is only for the wealthy. The lying demohacks have pulled another fast one on the gullible public. It's called a Kerryism. Such as "the public has been Kerryed". This math is similar to the math used by Kerry as to how many Purple Hearts he obtained. Notice, I did not say earned. Who said "liars figure and figures lie"? KM

To: Knight who wrote (616900)	9/2/2004 7:15:01 PM
From: Wayners	Respond to of 769670

I think the problem lies in the Adjusted Gross Income. That just captured income from JOBS. People like Kerry work a job, even though he doesn't show up, not for the pittance it pays but rather for the power. Kerry relies on other sources for his real income and those numbers don't show up on the AGI line of a tax form. Kerry and Thereasa's money comes from interest on municipal bonds (FEd tax free), dividends, unrealized capital gains on real estate and capital gains on who knows what.