Saturday, April 26, 2003

Tax cuts for the wealthy...Part II


In response to Jake's comment:

"It is a downturn, when your money goes down you have to spend less, duh.. the government should spend less." - Jake


Absolutely, the government should spend less. Where did I suggest otherwise? But, when more people are out of work it is not a good time to CUT funding for health care and education.

"Then the righteous will answer him, 'Lord, when did we see you hungry and feed you, or thirsty and give you something to drink? When did we see you a stranger and invite you in, or needing clothes and clothe you? When did we see you sick or in prison and go to visit you?'
The Lord will reply, 'I tell you the truth, whatever you did for one of the least of these, you did for me.'"
Matthew 25:37-40


That sounds more like a "compassionate conservative" to me.

If you are "in poverty" you would only pay 15% (at most) on the next dollar of dividend income. (Our compassionate president lowered tax rates for all except "the least amonst us.") Dick Cheney would pay about 38% on his 491,000th dollar of dividend income. The president wants to lower Cheney's taxes by more than twice as much as yours. Is that fair?

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