Tax Cuts for the Rich?
I get tired of hearing people whine about George W. Bush's tax cuts being for the rich. Yes, the rich probably got the most benefit from them, but that's because they pay the most in taxes. That only makes sense to me. Actually, I wouldn't care if the rich got a 100% cut in taxes as long as I got a nice share of the cuts myself. I'm not rich by any stretch of the imagination, but I received a nice dividend from that round of tax cuts. In fact, everyone who pays taxes got a cut, as Bush cut every tax rate. That's the way tax cuts are supposed to be done. So, I hope Bush's tax cuts will soon become permanent.
They definitely beat Bill Clinton's targeted tax cuts, which never found a way to target me. That's because, instead of cutting the tax rates like Bush did, he offered cuts based on how people spend their money, which isn't any of the government's business anyway. If you spent your money in Clinton's prescibed manner, you got a tax cut. If you didn't spend your money that way, you got no cut. Funny thing though, his tax increases managed to hit everyone. Go figure!


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