If you support Bush Answer this! How come bush has given tax cuts to the wealthy they don't need it!?
485285
Thats what republicans do!
142370
Bush and his running mate are for keeping the money in there small circle of the wealthy.(Big business and corporations.)The middle to low income makeing republicans foolishly believe the money will flow downhill!Bushonomics (the rich get richer and the poor,well, they just stay poor.
328718
All of your question was mindless dribble, none of what you claim is true. With some education in learning the facts you could have some hope. Redistribution of wealth is easy to check, you must be one of the tax payers earning over $400,000 a year and it was you who got the tax cut at the expense of the working class who have seen higher taxes. Look up the last Minimum wage increase and fine the facts, you will find there is no evidence to support your claim that it adds to higher prices. BTw, when I go all over the country I stay at the Hilton. I also play golf with Republicans every week at the Country club. I am a brick layer, now teach me about the real work you do in life.
951582
Democrats cut taxes?!  ROFLMAO!!!!!!!!!
866937
They will probably take away the Bush tax cuts.  Heck, somebody better get some revenue flowing back into Washington.  For the last several years, our tax money has been flying to Iraq as fast as we can print it.\n\nOf course, when the Democrats do the responsible thing about getting this country's financial house in order, the Republicans will point their fingers and call them tax and spend liberals.  \n\nI hope there is an electorate there to remind them that the Democrats may have to tax but only because the Republicans have spent so liberally and irresponsibly.
582351
Spend it inefficiently and waste a great deal of it.  All the more reason for the taxpayer to keep a greater proportion of what they earn.  (including the wealthy, for those of you who feel that increasing government confiscation of ones wealth is acceptable because an individual earns a good deal of money.  Notice the word earns.)
793248
It's not that the Republic party is against taxes... they use that as a ploy to convince the masses they are for small government and on their side.\n\nFortunately, the masses are a little wise to this ploy. We are able to see that while they do cut taxes, they give so much corporate welfare that we end up paying their revenue in other ways.\n\nFor example, while Bush was cutting our taxes, Pell Grants were made less, insurance premiums increased and many other things... not to mention that many lost their jobs and yes they were able to find work thereby keeping unemployment low; BUT, the new jobs were paying much less with less benefits.
75055
Without getting into politics too much, this is a myth typically propogated by the liberal left. The following are the actual federal tax rates taken from the IRS site; you'll note that the wealthier pay MORE taxes. State tax rates are similar in this regard.\n\n\nTaxable Income    Tax Rate\n$0 - 7300         10%\n7,300 - 29,700    $730 + 15% of amount over $7300\n29,700 - 71,950   4,090.00 + 25% of amt over $29,700\n71,950 - 150,150  14,652.50 + 28%  of amt over $71,950\n150,150- 326,450  36,548.50 + 33%  of amt over $150,150\n326,450 +         94,727.50 + 35% of amt over $326,450\n\nIf the tax rates were the same, say 10% as an example, for both the wealthy and poor. The wealthy would still pay more (10% of $0 income = $0 in taxes paid, 10% of $1M income = $100K taxes paid).  \n\nThe graduated tax structure we use shifts even more of the taxes to the wealthy - this makes sense considering they have more disposable income.\n\nAccording to a CBO report (released in 2005), the wealthiest 20% paid 83% of the individuals income tax and corporate income taxes. There are many on the left that would like to increase this to 100% for political reasons. This approach may alienate the top 20% but would benefit the remaining 80% of the taxpayers.  A margin like that would be wonderful if you were trying to solicit support in an election. \n\nHowever, the wealthy don't simply hide money under a mattress. Even if they buy a yacht, there are many, many laborers and suppliers involved in the process. It creates jobs and they further invest in other companies. And those folks spend the money to further stimulate the economy. This is why the trickle-down effect has been effective in boosting the economy after the tax-cuts of the Bush administration. Note that even after the tax cuts, the wealthy still pay a higher percentage.\n\nIn Russia, where tax rates were astronomical, a lot of people cheated on taxes and it was found to be a demotivator. Why should those with the ability and resources work hard if the government was going to confiscate most of the fruits of their labor. (Besides, do you really want the federal government spending all of your cash? I bet you could put it to better use) However, when the tax rates were more moderate, more people actually filed taxes and productivity increased. The taxes gained went up significantly.\n\nOne item of note is that many of the wealthy do hide otherwise-taxable income in tax shelters and deductions. A Fair Tax (national sales tax) has been proposed that would be more fair for all involved and cut the administrative resources required to manage taxation. Everyone would pay the same tax rate. Those that have more disposable income would end up paying more in the end. A credit would be issued back to all registered taxpayers in an amount equal to the amount of taxes that would be paid on poverty income. In this scenario, those that avoid filing income taxes would still end up paying since it would be collected at the time of purchase. Studies have shown this approach would actually lower the cost of items purchased by the amount of the new taxes.\n\nA bit of a long way to get here, but lowering taxes of wealthy still has them paying 83% of corporate/individual income tax, results in more people actually filing correctly, and leads to economic growth through consumption and investment.
240954
Yes.  The IRS has documented that the top 50% of earners pay 96% of all the income taxes.  The top 1% pay more than a third!  So the argument to tax more of the wealthy people really isn't practical.  And when tax cuts are given, the wealthy are more likely to reinvest it and create jobs -- shouldn't they get back a proportional amount if they pay the most?  And because the bottom 50% pay so little comparatively, a tax cut to that tax bracket doesn't do much good.  But I'd take it if given!\n\nBottom line:  The suggestion to tax the wealthy even MORE than they're taxed now is only political rhetoric.  It gets the vote of the poor and lower middle class.
25540
the theory is the more money people have that they aren't giving in taxes, the more they'll have to invest in the economy. but the tax laws are written in such a way that the rich are able to use loophole after loophole with the poor and middle class putting up the rest of the cash the rich would have normally paid.
631635
Good question thank you for not ranting.  I do not like Bush's spending it is out of control and I am not a fan of his immigration plan.  To be honest with the exception of his tax cuts he is probably the most liberal president since Jimmy Carter.  I also wish he was a better public speaker.\n\nThat said I am 100% behind him on the war on terror and the Iraq war
586344
The tax cuts for the middle and lower class are fine.  The problem is, when you couple tax cuts with deficit spending you are acting fiscally irresponsible.\n\nIn addition, most people are unaware that the tax code favors the rich and that they have many more write-offs and exemptions which allow them to keep a larger percentage of their money.  Why should those who make less pay a larger percentage in taxes? Look also at capital gains tax...trust fund millionaires, who live off of only the interest generated by their money only pay 15% in taxes.  How is that fair?!\n\nThe Americans who are struggling (in poverty) do not pay taxes.  In fact, those who make the least can apply for Earned Income Credit and actually get money back at the end of the year.  The Americans who are in the middle class and are struggling can thank Bush (who has rubber stamped every single bill congrress has passed...he has not vetoed a single bill!) for the state of the economy, the price of health care, and the price of energy.\n\nThe tax cuts are irresponsible.  The government is also irresponsibly spending the American taxpayers' money.  Balance the budget, and institute a flat tax.  That way everybody pays their fair share, and we pay for the programs that are important to the country, not for pork barrel spending.
875398
the best part is the tax write off!  thank you mrs bush and cheney for letting the rich get richer while the poor get slaughtered in iraq and new orleans!
412715
Yes.  This was a campaign point for W in his first election - double taxation of dividends.  The company pays its taxes and distributes the left over, then the investor has to pay taxes on those earnings.  Bush wanted to get rid of that, but the Dems threw in the whole "tax breaks for the rich" and it didn't go through.
78508
He got elected for a second term and when it's up he can't ever get elected again.The people who support Mr. bush  and approve of what he is doing are the one's who are getting rich.It's all about oil and money.If they run a monkey for president and oil and money was backing him up ,he'd get elected.Even if you didn't vote for the monkey.
1026550
pachl@sbcglo: Why is it when the government is trying to help poor people do better things and help them that Republicans cry about it, but when Republicans try to help companies by giving them more money, it's ok?\n\nOil companies can use the tax cuts to pad their profits, just as easy as welfare recipients can use their money for cigarettes.. the only difference is one is probably a few billion dollars and the other is $4... \n\nThe fact is you don't know any more what the oil companies are doing with the extra money than you do the welfare people...
557484
They don't want to run America into the ground... well... they kind of do... \n\nThe Republican leadership makes up a major potion of the top 5 percent of income earners in America... almost every CEO is a Republican, not every, but a vast majority (look who they give tax cuts to... if you think Democrats make up the elite, Bush would never in a million years gear tax cuts to them... )\n\nSo the leadership just wants to liquidate and obtain the finances of the middle class, making them richer and send the middle class into poverty... then they will continue to cut funding to public education until no one is intelligent enough to get in their way and lead the poor that turn to religion, because it's all they have left, under the guise of "morals"... \n\nanyone that dares say anything against them is a liberal "idiot," regardless of the facts... and the public will buy it because the leaders are "moral" and could never lie... you can see the beginnings of it already...\n\nak062003... apparently you haven't been paying attention... the debt has nearly doubled under Bush and was barely growing under Clinton... in other words, whatever you owed under Clinton, that has basically doubled under Bush...