Quote:
Originally posted by montel
You are simply wrong. The tax cuts bush put through were heavily weighted in favour of the wealthy.
$197 Billion in Tax Cuts to Top 1% of US Taxpayers.................
You have to understand that some of the tax cuts, although applied evenly thoughout the population, benefit the wealthy much more than the poor. Take bush's abolition of double taxation on share dividends. How does this help poor people who dont own shares compared with how it helps rich people who do own shares? Even one of the richest people on earth, Warren Buffet said that this tax cut was absurd and said something like- "this helps me save 300 million in taxes, but it would do more for the US economy if $1,000 was given to 300,000 poorest families than 300 mil to me."
similarly, bush got rid of inheritance taxes. this is almost insignificant to the poor who often leave nothing or inherit nothing. even the middle class is basically unaffected by this. when you do some very simple analysis, guess who it benefits? wealthy bitches like paris hilton...
and bush turned clinton's budget surplus into a huge deficit which is growing.
the guy is a fucking disaster. i just heard that about 300 US law professors have all signed a document for bush to be impeached due to his handling of WMD's and iraq...
HOW CAN YOU VOTE FOR THIS GUY?
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While you are in the welfare line looking for a handout, I'll be in the booth voting for Bush....Answer your question?