Cutting taxes helps most Americans as most Americans received more money back.
It is that tax cut that paid for the extra developer which made JoeUser possible and hence your constant Butch bitching on-line possible...
Give me a link that shows that the CBO said $270 billion of last year's deficit was from the tax cut. I find that pretty unlikely.
Moreover, as you regularly point out, the deficit was >$270 billion.
If you're so worried about the deficit, you should advocate a spending freeze. I suspect I pay more in taxes in one year than you've paid throughout your life. I'm paying my share, thank you. Feel free to pitch in more.
Of course the top 5% get most of the tax cuts. We're paying almost all the taxes for crying out loud. You can't give money back to people who aren't paying in. Your other link was a 404 and I am still waiting for your CBO link that says $270 billion last year of the deficit was due to the tax cuts -- I find that very unlikely.
Wow, one left wing extremist can't think of anything that Bush has done to help people to explain to another left-wing extremist. What a shock.
I noticed you ignored what I had written -- that the only reason you can sit on this site and bitch about Bush is because the tax cut provided the additional capital needed to hire an additional software developer who in turn was assigned to create this site.
You saying we can't afford it doesn't mean it's true. First, you have no idea how much, if any, of the federal deficit is caused by tax cuts.
You know what kind of tax proposal I would support? A consumption tax. The top 5% of the people pay half the taxes. Did you even know that? I bet you didn't or you would quit ranting about "tax cuts for the rich".
A consumption tax would be much more fair. 1% consumption tax on non-food purchases over $10.
What annoys me about our tax system is that half the adult population basically pays no federal income taxes.
The Brookings institute is a left-leaning thinktank. It means nothing. The Heritage Foundation (the right wing version of the Brookings Institute) has numerous articles talking about how much the economy will grow thanks to those tax cuts.
See, here's the thing - you don't like the deficit. I don't like the deficit. Your solution is to make me and others like me pay to bring it down. My solution is to freeze spending across the board.
People of my view are the ones in control of the congress and people like you are influential enough to keep congress from freezing spending.
So it's a deadlock and hence the tax cuts stay.
Col Gene - you have yet to provide a link to the CBO quote you claimed. You have very little credibility. The CBO, at most, estimates what it thinks deficits will be in coming years. It doesn't cast a "Blame" towards them.
I'm all for cutting welfare programs. Tell ya what, you raise social security retirement age to 75 years old, eliminate medicaid, make it so that only those who are 75 years or older can receive social security and I'll support your tax increase.
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