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To: OklaRancher
First, unfortunately, there is an ever widening gap between the rich and poor. The problem being, the poorest Americans have no capital to invest to grow wealth. The rich are rich because they generate wealth. Some of it manages to get to those lower on the economic scale, but it is a by-product of capitalism, and therefore unavoidable.

As far as your search for facts, this web page; http://www.econ.umn.edu/~bplatt/Rational/TaxCuts.htm gives some factual information directly related to the Bush tax cuts as well as a tax chart showing who got what cut and how they were effected economically. A quote from the page being

"Bear in mind that this is actual historical data coming straight from the 1040 forms that you and I submit - we aren't just talking about what happened "in theory," but what actually happened. Notice that every taxpayer earning less than $200,000 dollars received a tax cut, effectively giving them between a 1.4% to 2.6% raise in income. Remarkably, the only people seeing savings of 2% or more are those earning less than $20,000. The idea that the tax cut only helped the rich is complete falsehood."

Hopefully this'll help in your search.

15 posted on 12/01/2004 6:19:51 PM PST by infidel29 (America is GREAT because she is GOOD, the moment she ceases to be GOOD, she ceases to be GREAT - B.F)
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To: infidel29
Notice that every taxpayer earning less than $200,000 dollars received a tax cut, effectively giving them between a 1.4% to 2.6% raise in income.

No sorry that's wrong, they just let us keep more of our money already earned.

19 posted on 12/01/2004 6:27:15 PM PST by this_ol_patriot
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To: infidel29
The idea that the tax cut only helped the rich is complete falsehood."

You are right, and even the low income filers that paid no income tax got a $600 "refund".

refund = free money.

62 posted on 12/01/2004 7:28:07 PM PST by jimthewiz (An armed society is a polite society)
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To: ntnychik

PING


79 posted on 12/01/2004 8:48:47 PM PST by ntnychik (Proud member of the Bush-wazee)
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