On Jul 1, 2011, at 4:58 PM, Francis Drouillard wrote: > The Bush tax cuts applied to all people that paid taxes, not just the wealthy.
Yes, technically you're correct. But the upper quintile of americans benefitted the most. > You can eliminate them all and tax those 1% the lefties so despise and > wouldn't put a dent in the deficits. Actually, simply letting the Bush tax cuts expire and winding down the wars will bring the deficit down to zero by 2017. <http://tinyurl.com/6x5qbls> Don't conflate deficit and debt. > You would, however, further impair economic activity. And those wealthy 1% > would move to other countries where they're more welcome. Ah bullshit. They can do it now. All our Galtian overlords could abscond to Somalia and live in their libertarian paradise: no taxes, no government, no laws. If high taxes drove people away NYC would be a ghost town. -- Bruce Johnson University of Arizona College of Pharmacy Information Technology Group Institutions do not have opinions, merely customs -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
