The Mudcat Café TM
Thread #55456   Message #861874
Posted By: Don Firth
08-Jan-03 - 03:45 PM
Thread Name: BS: Bush's 'Cash Grab' Stimulus Package
Subject: RE: BS: Bush's 'Cash Grab' Stimulus Package
Well, Doug, let's look at the arithmetic. From various investments, I get about $80.00 a year in dividends. Because I had the bad judgment to devote my life to music rather than the more intelligent choice to become CEO of a multinational corporation, I didn't earn enough to invest more. Although I haven't actually checked the tax tables (I will, if you insist), I figure that my wife and my tax refund will increase by about $5.00 as a result of Bush's new refund. But then, my wife's hours at the library have been cut due to reductions in funding for such frivolous things as libraries. Now, if I were getting, say $80,000 a year in dividends, that tax reduction would be very nice indeed.

Why is it that, no matter how I slice it, it still comes out a tax cut for the wealthy? Please explain. In detail. With facts and figures. Really, I'm open to being convinced.

Don Firth