Signs of the Bush Economy

Discussion in 'Current Events' started by rayboyusmc, Jan 31, 2008.

  1. rayboyusmc
    Offline

    rayboyusmc Senior Member

    Joined:
    Jan 2, 2008
    Messages:
    4,015
    Thanks Received:
    338
    Trophy Points:
    48
    Location:
    Florida
    Ratings:
    +338
    I wonder if any of those at the top of the ladder who got the Bush tax cuts shop at any of these stores?

    http://tinyurl.com/ytlyxn

    Let's hope that when the Dems take back the Whitehouse, Congress and Senate, they rescind these obscene tax breaks for the uber rich.

    I still remember the fukking chutzpah of Reagan. The trickle down theory. Give more money to the rich and corporations to spend and the rest of US will benefit from their crumbs.


    Fascism has come to America in the guise of Corporate Republicans singing the sanctity of tax cuts. When they have cut enough to destroy the current public services, then they can "blackwater" our schools, our police, our firemen, etc.

    They already have our healthcare and are doing one hell of a job Brownie. We spend more per person than any other developed country and rate 37th in quality.
     
  2. Zoomie1980
    Offline

    Zoomie1980 Senior Member

    Joined:
    Jan 16, 2008
    Messages:
    1,658
    Thanks Received:
    128
    Trophy Points:
    48
    Ratings:
    +128
    The Bush tax cuts went to any family making over $50,000/yr. Now if that is "rich" then so be it. You have to actually PAY taxes in order to get a tax break. Or is that a concept you don't get.

    The top 1% of all wage earners pay 37% percent of the nation's tax bill. The top 5% pay 58%. The top 10% pay 72%. The bottom 90%....NINETY PERCENT, pay only 28% of ALL taxes in the US. So when there is a tax break, who the HELL do you think is going to get it? Those that actually PAY the taxes, that's who.

    The top 20% of all wage earners are responsible for 72% of the DISCRETIONARY spending....that would be the spending that actually drives the American....and the world's economy. You stangle that spending and you IMPLODE the entire world's economy,

    Some idiot leftist and brain-dead socialists have NEVER understood. The Soviets collapsed because they never got it.
     

Share This Page