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Will 'Dubya' be a good president.
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[QUOTE]Originally posted by Omega: [QB] [i]Now, the wealthy 1% pay 20% of Federal taxes, but people think that giving them 43% of the tax cut is FAIR?[/i] Yes. If they're the only ones paying any significant taxes to begin with, how else do you suggest we get a tax cut? Under any circumstances, that's only in pure dollar amount, which makes sense. If you go by how much of their current tax burden is being removed, the numbers go the other way. The poor get the greatest percentage tax cut, mainly because they won't pay income taxes at all. [i]Couldn't someone not making as much use it to buy more products from these rich businessmen, allowing them to then hire more people and purchase new machinery? Couldn't they use it to put their kid through school or make sure they've got food on the table? Or, god forbid, get new tires for their car?[/i] Jeff, you're just not getting it. You CAN'T save the poor enough money to do those things with a tax cut. They're not paying enough taxes to do that in the first place! [i]give the tax cut to people who NEED it[/i] Exactly what we're proposing. EVERYONE gets a tax cut, with the poor getting the biggest one, in the most relevant terms. And again, what do you think the rich are going to do with their porportionally smaller tax cut? Buy another Jaguar? [/QB][/QUOTE]
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