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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (33905)6/14/2005 4:42:11 PM
From: Quincy  Read Replies (1) | Respond to of 93284
 
"Bush's tax plan isn't just good for millionaires, it's ESPECIALLY good for billionaires"

You don't understand the concept behind a tax code based on percentage of income, do you?

I was in Seattle recently and overheard a lady lamenting her inability to deduct credit card interest. Apparently, this helped us bankrupt ourselves while climbing out of an economical toilet brought on by the oil embargo in the 70's and a mass exodus of jobs to Japan.

Back in those days, we actually had a 70% tax bracket to make up for that revenue.

Embrace the consequences of your actions.

The whole idea of a tax cut is to try to get our economy back in the growth mode. More domestic jobs. Better tax revenues. Its what makes smaller deficits.

Will lower income families buy more domestic products from American workers or will they run straight to chinamart to stretch those dollars as far as they can?

Can I trust them to accept the consequences of spending their new tax refund check on foreign goods from a retailer with nothing but utter contempt for its employees while showering its multi-billionaire founders with more billions?

To underline my point, one of my liberal bank employee friends drove by my house last night with a shiny new Lexus to show off to his bank codorkers. Apparently, that Suburban was burning a hole in his wallet.

Just how many people is GM laying off over the next six months?

Really, you fail to reach that intellectual higher ground if you keep assuming conservatives are bad at math.