Thursday, July 21, 2005
Inconceivable!
"The budget improvement is coming from a gusher (Texas word "gusher" not emphasized in original) of tax revenues, reflecting the economy's improving fortunes with more people working and businesses reporting higher profits".
How can tax revenues increase following a tax cut for the wealthy? This makes no logical sense whatsoever in that those who were and are able to keep more of the money they make just put the cash in a can, a mattress, or other similar savings vehicle. Right?
Isn't this the third time tax receipts increases have followed tax cuts? Answer, at least in the past 50 years it is...Count 'em: Kennedy's cuts (for the rich), Reagan's cuts (for the rich), and Bush II's cuts (again, for the rich, evil capitalist at that). Rich people must employ others or buy stuff that leads to employment and further spending and economic growth. Supply side? What? "A rising tide lifts all boats".....silly Jack Kemp, what did he know about economics; this third causal effect certainly proves that history certainly is no window to the future and we should quickly raise some taxes.
Maybe we should get on to repealing the 22nd and let this idiot who can wage a couple of wars, cut taxes for the evil rich and those worthless entities known as corporations, spend like a Kennedy on a bender (is that redundant?), enrage most of my ideological foes (there must be some word stronger than enrage but it eludes me), bumble through speeches, and increase the tax receipts of the country: all this whilst believing in God!
What's the status on getting that stupid amendment repealed anyway?
How can tax revenues increase following a tax cut for the wealthy? This makes no logical sense whatsoever in that those who were and are able to keep more of the money they make just put the cash in a can, a mattress, or other similar savings vehicle. Right?
Isn't this the third time tax receipts increases have followed tax cuts? Answer, at least in the past 50 years it is...Count 'em: Kennedy's cuts (for the rich), Reagan's cuts (for the rich), and Bush II's cuts (again, for the rich, evil capitalist at that). Rich people must employ others or buy stuff that leads to employment and further spending and economic growth. Supply side? What? "A rising tide lifts all boats".....silly Jack Kemp, what did he know about economics; this third causal effect certainly proves that history certainly is no window to the future and we should quickly raise some taxes.
Maybe we should get on to repealing the 22nd and let this idiot who can wage a couple of wars, cut taxes for the evil rich and those worthless entities known as corporations, spend like a Kennedy on a bender (is that redundant?), enrage most of my ideological foes (there must be some word stronger than enrage but it eludes me), bumble through speeches, and increase the tax receipts of the country: all this whilst believing in God!
What's the status on getting that stupid amendment repealed anyway?
# posted by W. : 8:35 AM
