Saturday, September 20, 2003

Top 1% could show their PATRIOTISM...

...by insisting that they not receive the Bush targeted tax break for the wealthiest Americans. By doing so they could pay for their war. They should also insist that BushCo accounts for the $1.5B in federal funds that is unaccounted for each moth in Iraq.

Anyhow read this:
    Published on 9/15/2003 in the USA Today
    Tax wealthy to pay for Iraq war
    by Robert B. Reich

    President Bush says he will ask Congress for $ 87 billion in emergency spending for military and intelligence operations in Iraq and Afghanistan. That's on top of the $ 79 billion Congress already has approved to pay for the war and its immediate aftermath. Neither of these figures includes an estimated $ 50 billion more that will be needed to rebuild Iraq, or any additional expenditures we may need for homeland security.

    How can we afford all this?

    This coming fiscal year's federal budget deficit already is approaching $ 500 billion. Add in the extra spending, and it's close to $ 600 billion. And that's just one year's tab. The total over all the years it will take to stabilize both Iraq and Afghanistan and win the war against terrorism is likely to be far higher.
    (read more)

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