Quote:
Originally posted by taxwonk
No. All I'm saying is that the bulk of the Bush tax cuts were subsidies for the rich. That's what I have been disagreeing with all along.
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True, in the sense that the rich saved more than the poor in gross dollars, but that follows from the fact that they pay much more in gross dollars. Slave is also correct that it removed a lot of poorer people from the rolls entirely.
The problem was that spending wasn't cut. No lie Bush told about Iraq can top his claim of fiscal conservatism. He and his R Congress are worse than the New Deal and New Frontier combined.
