How to soak the rich (the George Bush way)
FreedomWorks
by Stephen Moore
05/04/06
With the House and Senate preparing to vote on extending George W. Bush's investment tax cuts, it's no surprise the cries against 'tax giveaways to the rich' grow increasingly shrill. Just yesterday Senate Minority Leader Harry Reid charged that the Bush tax plan 'offers next to nothing to average Americans while giving away the store to multi-millionaires' and then fumed that it will 'do much more for ExxonMobil board members than it will do for ExxonMobil customers.' Oh really. New IRS data released last month tell a very different story: In the aftermath of the Bush investment tax cuts, the federal income tax burden has substantially shifted onto the backs of the wealthy.
http://tinyurl.com/ej62h
Informant: Thomas L. Knapp
by Stephen Moore
05/04/06
With the House and Senate preparing to vote on extending George W. Bush's investment tax cuts, it's no surprise the cries against 'tax giveaways to the rich' grow increasingly shrill. Just yesterday Senate Minority Leader Harry Reid charged that the Bush tax plan 'offers next to nothing to average Americans while giving away the store to multi-millionaires' and then fumed that it will 'do much more for ExxonMobil board members than it will do for ExxonMobil customers.' Oh really. New IRS data released last month tell a very different story: In the aftermath of the Bush investment tax cuts, the federal income tax burden has substantially shifted onto the backs of the wealthy.
http://tinyurl.com/ej62h
Informant: Thomas L. Knapp
rudkla - 8. Mai, 15:58
