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Reply #13: Bush sees the rich skipping out on taxes [View All]

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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-07-09 06:46 PM
Response to Reply #3
13. Bush sees the rich skipping out on taxes
Trickle down economics is nothing more than urine reverse Robin Hood.



Bush sees the rich skipping out on taxes

By Steve Benen
CrooksandLiars.com
Sunday Feb 10, 2008 8:22am

There were quite a few interesting gems in the president's Fox News interview over the weekend, but this one stood out for me:
    WALLACE: How does overcome all of that and...

    BUSH: Because there's two big issues. One is, who's going to keep your taxes low? Most Americans feel overtaxed and I promise you the Democrat party is going to field a candidate who says I'm going to raise your tax.

    If they're going to say, oh, we're only going to tax the rich people, but most people in America understand that the rich people hire good accountants and figure out how not to necessarily pay all the taxes and the middle class gets stuck.

    We've had -- we've been through this drill before. We're only going to tax the rich and all you have to do is look at the history of that kind of language and see who gets stuck with the bill.

Does this make any sense at all? Wealthy people hire accountants, so the government should leave their tax rates alone?

As Isaac Chotiner put it, "The Democrats want to raise rates on the wealthiest Americans, but Bush is saying that in fact this will screw the middle class because the rich have ways to avoid paying taxes. The obvious question is, then, why has Bush spent so much time giving tax cuts to the rich?!?!"

http://www.crooksandliars.com/2008/02/11/bush-sees-the-rich-skipping-out-on-taxes



An old boss of mine referred to the 20-percent of the people who do 80-percent of the work as "mules."
If things keep going the way they are, it won't be long before he'll wish he were a mule.





Until things fundamentally change, meaning a return to the Spirit of '76, that's all We the People will ever be.
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