Wealth disparity in America
I am growing tired of people blaming Bush’s tax cuts on the problems we are having. First of all, if you do blame him then you have a serious gap knowledge when it comes to taxes. Instead of being a mindless drone, do some research for once. Also this is not a post about the defecit, because if Bush was a conservative he would minimize spending….guess he figured he would be the next Reagan and rammed Iraq.
When taxes are eased on the wealthy, they pay more as a total percentage of taxed paid. Historically when the government taxes the wealthy, the middle class ends up picking up the slack. A notable example would be Bush Sr’s tax hikes.
Here is a great resource.
The left will come up with some jack-ass argument that the wealthy use fraud, but the US treasury repeatedly reports that lowering taxes on the wealthy raises increases their share.
NOW, yes – they actually end up making more money. It is true and as a result of which, the gap grows between the poor and wealthy. But that DOES NOT mean that the poor become poorer – in fact as as the article points out the poor make more. The problem is that it is not fair according to the liberals.
I ask one question; who gives a sh*t about fair? If the wealthy pay most of our taxes then let them take more. Goodness. Will Liberals ever learn?
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