Sunday, June 15, 2008

Tax Cut???


Tax cut, that sounds like a relief, rite? Not! Well Yes, but that is only if you are making millions a year. But as for us, the working class or the middle class the good news is just not happening. The Bushe's administration had decided to cut taxes for the wealthy people. "Reward wealthy Americans and Republicans's party supporters at the expense of the poor and the middle class. the wealthiest American's barely make up 1% of the U.S. taxpayers population, how ever they earn about $25.4 billion total of dividend for U.S. taxpayers money. So basically if I understand the concept correctly, we are paying rich people to get even richer by the year, despite the fact that they make more money thatn us and they only make up about 1% of the population. And yet they take back almost 25% of the money in tax return. According to the Bushes administration the tax cut for the wealthy suppose to help us some how. Not exactly sure how, but over all it suppose to help us! I mean the basic math would be, if no money is coming up but the money is going out, that would be putting us in debt, but in this case more money would going out of our pocket.

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