To: alessandrofiaschi
Thats why tax cuts which increase CEO take-home pay won't have much of an effect. But tax cuts for the poor, conversely, easily could. Now imagine the worker who takes home $50,000, not $45,000, due to a tax cut. The poor and middle-class spend more, and save less, than the rich. That means tax cuts for them stimulate the economy more. And tax cuts for the poor were not the only option Bush ignored.
Erm, if he's so smart, how come he doesn't understand that the poor don't pay taxes?!?!?!?
7 posted on
01/04/2005 2:50:13 AM PST by
dyed_in_the_wool
("Man's character is his destiny" - Heracleitus)
Put another way, Bush cut all the tax rates, so all taxpayers got a break. Sheesh. Idiocy.
8 posted on
01/04/2005 2:50:52 AM PST by
dyed_in_the_wool
("Man's character is his destiny" - Heracleitus)
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