saved from an article read earlier. You bottom feeders need to read this, it will help put things in perspective for you..
Quote:
By putting money in the hands of the affluent, more funds will be pumped into the American economy, not saved in a Swiss bank.
Those who earn a large amount of money each year earn it for a reason. They have taken advantage of a capitalist society and will continue to do so in the future.
As a result, new businesses and new jobs will be formed giving middle and lower class citizens better jobs and more money. Once these jobs have been secured, it is almost certain that tax breaks will not be given to the rich until the next economic downturn occurs; exactly when this type of action is needed.
American workers are the greatest economic strength, at home and abroad. I'm not sure which economic theory states that lower income people will spend tax cut dollars because it is very false.
These people are much more likely to save the money and pay off their credit card bills until they secure a better future; a future that is created by the entrepreneurs who saw immediate fiscal benefits from the tax cut.
Unlike most of us, millionaires are not concerned with saving money, but prefer to continue building empires because they can have everything they ever wanted and have enough funds left over to be on the cover of Fortune. It is only a matter of time before Bush's tax cuts better the economy.
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