The Trommetter Times Update: Tax cut would aid wealthy

[Times]

(((((((( The Trommetter Times Update: Tax cut would aid wealthy ))))))))

                           February 25, 2004


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    Lawmakers taken aback as chief economist says half of S.C.
    taxpayers will gain little from plan "More than half of...

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http://www.trommetter.com/log/archives/2004/02/25/Tax_cut_would_aid_wealthy_2898.php



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<a href="http://www.thestate.com/mld/thestate/8033686.htm"; title="The
State: Tax cut would aid wealthy" class="BlogTitle">Lawmakers taken
aback as chief economist says half of S.C. taxpayers will gain little
from plan</a>
<p><a href="http://www.trommetter.com/log/archives/cat_money.php";><img
height="70" alt="[Topic: Money] "
src="http://www.trommetter.com/log/archives/topicmoney.gif"; width="76"
align="right" border="0"></a>"<cite>More
than half of South Carolina taxpayers would get virtually no relief
from an income tax cut proposed by Gov. Mark Sanford and state House
members, the state</cite>"
</p><p>Every time I read an article like this I think, <em>"Well,
Duh!?! Of
course the rich benefit more, they pay more taxes! That doesn't mean
tax cuts are bad."</em> Read this <a title="trommWiki . Main . TaxCuts:
A Restaurant Analogy"
href="http://www.trommetter.com/cgi-bin/view.cgi/Main/TaxCuts";>simple
explanation of tax cuts</a>
for more insight. This analogy is so simple even an ivory tower liberal
should be able to understand. (But they probably still won't get
it.)</p>

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