To: newgeezer
"Sure, in raw dollars. Similarly, a 2004 Cavalier was an ultra-luxury car because it cost twice as much as a 1962 Cadillac"
In raw dollars and in ever other way you care to think of, including removing the marriage penalty, more tax relief for having children, massive reduction in the dividend tax and inheritance tax,etc etc.
These Bush tax cuts were extensive as they were solid.
Nothing "token" about them at all,like you keep claiming.
To: KwasiOwusu
These Bush tax cuts were extensive as they were solid. Nothing "token" about them at all,like you keep claiming.Back when the cuts were making news, I recall there were a few notable conservative writers making the point that the cuts were small. A quick search turned up these:
"The tax cut is just 1.8 percent of $30 trillion in cumulative federal taxes from 2003 to 2013, according to Congressional Budget Office data."
"The tax cut is a tiny 0.35 percent of a cumulative U.S. gross domestic product of $155 trillion from 2003 to 2013."
"Reagan's tax cut in 1981 was 10 times larger."
111 posted on
12/01/2004 7:52:49 AM PST by
newgeezer
(...until the voters discover they can vote themselves largesse from the public treasury.)
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