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Posted by: jmarks 1 year, 4 months ago

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jmarks1 year, 4 months ago

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well, its about time for a new approach, Bush's tax cuts for the wealthiest haven't helped a whole lot have they?
Obama's capital gains tax increase will only affect the wealthiest 2% of americans, that's a reversal of Bush's policy, wouldn't you say?

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  nostalgia1 year, 4 months ago
  
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  " Obama's capital gains tax increase will only affect the wealthiest 2% of americans"
  Nearly doubling that tax would devastate pension plans and personal investment portfolios that are intended to provide for their owners in their years of retirement.
  It affects far more than 2% of Americans
  Have you ever looked at what happened when the capital gains tax was increased during the Reagan administration? The federal government's revenues from the tax declined by 44% over the next three years.
  Why did the revenues from the tax decrease? Many people pulled out of the stock market
  "Bush's tax cuts for the wealthiest"
  Have you ever actually gone back and looked to see how those tax cuts impacted you - what were you paying before the cuts as opposed to after them? Why don't you do that and then let me know if you were one of the so called "wealthy" who benefited
  
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    quackpot1 year, 4 months ago
    
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    The tax cuts to the wealthiest were offset by massive deficit spending and by running the money printing machines over time.
    Ask anybody who is traveling in Europe about Bush's policies of devaluing the dollar.
    Ask the next generation how they feel about picking up the tab for Bush's welfare for the rich programs.
    
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