planetdan

Tuesday, August 17, 2004 :::

Surprise surprise.

Gap between haves, have-nots gets wider

And I still talk to people every day who think that they are benefiting from Bush's "tax breaks". If they hear the words "tax" and "cut" in the same sentence they'll vote for anyone, but what they don't realize is this (from the aforementioned article):

New government data also shows that President Bush?s tax cuts have shifted the overall tax burden to the middle class from the wealthiest Americans.

And if this doesn't drive you mad, nothing will:

The income gap is showing up in booming sales of luxury items. Porsche Cars North America Inc. says sales are up 17 percent for the year. Strong sales at Neiman Marcus, Nordstrom and Saks Fifth Avenue overshadow lackluster sales at stores such as Wal-Mart, Sears and Payless Shoes.

Bush's tax cuts have given the rich plenty of spending cash, while middle America can barely afford to shop at Target. Nice. Still waiting for that windfall to trickle down, George.

::: posted by dan at 11:06 AM :: [ link ] :: (2) comments

Comments are Closed On this Post

2 previous comments:

Well when you follow Reganomics, which led to the largest deficit our nation has ever seen, this is what you get. GW is really doing a bang-up job. Vote to re-elect him so that you can't buy those frivolous items such as toothpaste, tp, soap, groceries, etc.

By

hot babe, at 12:47 PM

I really can't understand how anyone could want to vote for this guy! He has got the wool pulled over so many eyes he could conceivably win this election. (With some help from his brother and the US Supreme Court of course).

By

Trekgeekscott, at 12:55 PM

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