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Reply #26: The bump was so out of proportion to what was given back in taxes. [View All]

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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-03 02:49 PM
Response to Reply #25
26. The bump was so out of proportion to what was given back in taxes.
If I dumped 300 billion dollars into the economy this year (even if I were saddling future generations with debt) I could get a little bump. That the bump was as little as it was PROVES that trickle down doesn't work. So little of that money went to the middle class.

Also, it is extremely important to note the total absense of logic in the theory that the Federal Gov't can't have progressive taxation because local and state gov'ts don't have it.

The Fed Gov't needs progressive taxation desperately, and they should set an example that states and local govt's follow.

It's really shameful that Dean isn't leading that charge with an argument for progressive taxation in his campaign. Say Edwards (or even Lieberman) is leading the democratic charge next fall with this message. Don't you think voters are going to start looking at state and county taxes a little differently? Don't you think that states and counties and cities will change faster than if, say, Dean wins and people are left in the dark about progressivity?
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