Quote:
Originally posted by sgtclub
True dat. I'm actually tiring a litlle of the mud. But I do have 1 prediction. The NG story will not affect Bush. It is old news, having been raised in several of his election bids. However, I predict we haven't heard the last of the DUI type charges. Look for something fairly big to break the first or second week of October.
Now, back to the issues: I assume you are referring to your view that the dividend tax doesn't help middle america because most of their equity is held in tax deferred accounts?
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Yep. And that's ignoring the fact that the dividend tax cut doesn't help the vast number of Americans who have no stock investments at all. We can also talk about the fact that the elimination of the top tax bracket helped wealthier people far more than the expansion of the 10% bracket got poor people off the tax roles.
Or the fixation on the estate tax, which hits so few people it's almost voluntary, but it produces revenue which has to be made up elsewhere in the tax system if repealed.
There are all kinds of things I don't like about the Bush tax cuts. But they pale in comparison to the basic fact that he keeps talking about simplifying the Code, but keeps making proposals or backing Congressional proposals that make it more complex and fucked up than before.
