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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (160925)3/17/2006 8:08:59 AM
From: John Carragher  Read Replies (2) | Respond to of 793572
 
didn't say no one paying it. i was talking about tax cuts. low income folks got a tax cut. and lower middle income got a tax cut. and i expect those in very high income avoid amt through cpa consultants.

capital gains is the big driver in taxes coming in. it freed up lots of investments with reduced rate and the result was lot of pent up cash coming into treasury. and reinvested dollars in the market that creates more jobs.

anyone who says bush tax cuts didn't help is a bitter person who will not acknowledge it did make a difference and kept us out of a recession. imo opinion you cannot have a discussion on pro and con of taxes if one side will not even accept there were benefits.