Quote:
Originally Posted by cologal
If I remember correctly these tax cuts were put in place to stimulate jobs and growth. In fact I believe they were called Jobs and Growth Tax Relief Reconciliation Act of 2003. They were intended to be temporary.
But we all know the jobs never came......
http://www.americanprogress.org/issu...recession.html |
As error prone the presentation of your link is, you ignore the thrust of this thread and that is the TAX INCREASE that ALL will feel. The LOWEST tax rate increases by 5%....as much as you folks tried to make it a tax cut on only the rich, it obviously was not and now EVERYONE WILL PAY.
The death tax returns, the marriage penalty tax comes back and that is just the start.
If you read RICHIELION's link, you would know that these "increases" are simply the beginning...then we get into the real stuff....the taxes associated with the health care bill.
Now, your party tells you that the Bush tax cuts were only for the rich....read the link that RICHIE supplied, and you will find that is not and has never been the case.
Now, your party tells you that the Bush tax cuts did nothing for the economy....but you read the unemployment rates for the period and compare them to the present and what do you say ? Number of jobs created ? Gee...unemployment at 4.5....duh !!
Now, your party tells you that Bush rose the deficit, AND HE DID, but this President in a short time makes him look like a total amateur.