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Giving unemployed people a tax cut. Giving bankrupt companies a tax cut.

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jazzjunkysue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 05:38 PM
Original message
Giving unemployed people a tax cut. Giving bankrupt companies a tax cut.
People are finally seeing through this lie.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 06:17 PM
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1. tax cut--no taxes on unemployment...
a simple thing to do.....
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Hopfrog Donating Member (12 posts) Send PM | Profile | Ignore Fri Feb-06-09 06:20 PM
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2. Am totally confused.
Please to help. When a company goes bankrupt, because of their inability to compete, they lay off workers. Those workers are then unemployed. Both these situations are (mostly) the companies fault, especially if we want to talk about plausible response times. Are you trying to say they're equivalent?
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geckosfeet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 06:49 PM
Response to Reply #2
3. Please - wipe the drool off your chin.
First off - who mentioned bankrupt companies?

Point is - tax cuts for people or businesses with an actual income may actually be a benefit. But if you have no income you have no tax cut.

OTOH, a tax cut for the wealthy only encourages them to shelter and hide the cash - not stimulate the economy or plow it back into their businesses. Paying taxes helps communities grow, build schools and infrastructure, keep cops and fireman on the street, run municipal services and so on.

So, the unemployed, undereducated and poor are victimized even further when we base an economy on tax cuts.

The rich OTOH, are still well off and enjoying their wealth.
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jazzjunkysue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 08:00 PM
Response to Reply #2
4. The GOP war cry is always tax cut. But that doesn't help if you're already
beyond paying taxes-If you're already broke or unemployed.

It's like giving health insurance to dead people. It's like building a school for kids who have left town.

The GOP lie that tax cuts will help is finally getting outed as just another way for rich people to take more from working people.

Tax cuts don't help poor families. They only help the rich, and they don't create jobs.
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