Law-Forums.org

[darrell]

I almost have to laugh when I hear tax cut used in conjunction with Bush. The
majority of America saw a tax INCREASE not cut under Bush. Imposing new fuel
and sin taxes then giving us a token tax cut helped how? Didn't help very many.
Foreclosures and bankruptcies set records nearly or possibly EVERY year Bush Jr
was president. By 05 they were already becoming a serious problem. Serious
enough that Bush attempted to gut the bankruptcy laws and prevent them but
people were forced to file in record numbers despite this.

Fact is we need real tax relief not token tax cuts like the Bush tax cuts.
Anytime you spend more than %15 of your income in taxes it is adversly
affecting your standard of living and destroying the economy. We haven't had
taxes under %15 in my lifetime. SS + medicare/medicaide is almost %15 of your
check now. That doesn't count Federal withholding, sin taxes, the gas tax which
is especially gruesome and which is destroying our ability to compete with
other nations for manufacturing and industry. Our real tax rate is close too or
over %50 and we don't even get the benefit of all those touchy feely Socialist
programs for that massive tax rate.

The Bush tax cuts were ideal like the Obama stim package for creating jobs
overseas. They created few if any jobs in the US and the primary benificiaries
were the very people who are advocating outsourcing and or forcing it upon
unwilling companies. They are tax cuts that favor the stock holders not small
biz. Instead the Bush tax cuts further injure small biz.

So why waste breath on the Bush tax cuts instead of pushing for real tax
relief?

[elton]

Americans for the most part are in an state of being willfully ignorant; unyielding to common sense. Whatever the puppet-master tell them on the tube; is considered holy without fouls. Thank you for doing your homework, because truth isn't an opinion but fact.

[gwynethpaltrow8]

bush added a gas tax? please show me your source?

sin tax, really. what ones did bush sign into law?

i know of several liberal sin taxes, at state and local levels.

[seager]

Why do only 47% of Americans actually pay federal income taxes?

[muata2]

Translation: Bush did it!

[tate8]

i'd say if u dont make 4x the minimum wage or 4x the poverty lvl .. you shouldnt have to pay any taxes.. then the next dollar above that tax it equally for everyone.. gradually increase the rate... (but still the same rate for any given dollar value) .. to 99% for those wallstreet guys making a million dollars a day or more.. or the insuance executives making 56,000 an hour.. etc..

[beacher]

Actually, it was Clinton who pushed the lenders into selling homes to those who couldn't afford it. He wanted to be the president that made it possible for those with bad credit and low incomes to be able to have their own home. Great idea in theory, but not in reality. Years later (in the Bush era) as the interest-only payments stopped and the real payments began, and as the normal curve of the housing market started to change and drop, these people started losing their homes. Obama has aggravated the problem by trying bailing out everybody except what really counts - the family. And Barney Frank and Fannie/Freddie and others were involved in all of these Clinton-pushed loans and made tons of money and then dumped the bad mortgages on the banks before everything started to crash. Check your history and the facts and you will see that Bush is not to blame - he is merely the scapegoat.