We don't tax wealth. We tax income. Anyone who links the tax code to wealth is showing abysmal ignorance.
Example: Theresa Heinz Kerry is fabulously wealthy but paid a fairly low rate of income tax. Her wealth is not even considered, just her income.
Of course those who favor higher taxes can't call it a "tax cut for high income earners" because calling it "earned" would be admitting the money actually belongs to the taxpayer and the government is taking it away. Plus "income earners" projects an image of someone who works hard and contributes to society. "Rich" implies fat cats - like Ted Kennedy.
Truth: Bush has both an undergraduate degree and a master’s degree from Yale, an Ivy League college. He is only the second president in the history of our country to have such a degree.
President Bush received a Master of Business Administration from Harvard Business School in 1975.
Biography of President George W. Bush
Check out the Seante floor today...
SA 3338. Mr. LEVIN submitted an amendment intended to be proposed by him to the bill S. 2400, to authorize appropriations for fiscal year 2005 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Services, and for other purposes; which was ordered to lie on the table; as follows:
At the end of subtitle E of title X, add the following:
SEC. 1044. REALLOCATION OF FUNDS FOR GROUND-BASED MIDCOURSE DEFENSE PROGRAM INTERCEPTORS TO HOMELAND DEFENSE AND COMBATING TERRORISM.
(a) REDUCTION.--Notwithstanding any other provision of this Act, the total amount authorized to be appropriated by section 201(4) for research, development, test, and evaluation, Defense-wide activities, is hereby reduced by $515,500,000, with the amount of the reduction to be allocated to amounts available for the Missile Defense Agency for Ground-based Midcourse interceptors.
PING........................
I don't blame Gore at all for contesting the results in such a close race.
It was the way the recount was executed that was outrageous. If the Dems had immediately called for a recount of the entire state instead of focusing on a handful of counties I believe the entire controversy could have been avoided.
Actually, that's not true. It's up to the state how its electors are selected.
Here are some I copied off of another message board:
Bush went against the U.N.
Bush broke international law.
Bush broke the Geneva convention.
Bush and Cheney have both lied about almost everything.
Huh?