--- In FairfieldLife@yahoogroups.com, "BillyG." <[EMAIL PROTECTED]> wrote: > > --- In FairfieldLife@yahoogroups.com, Bhairitu <noozguru@> wrote: > > > > BillyG. wrote: > > > --- In FairfieldLife@yahoogroups.com, "raunchydog" <raunchydog@> > wrote: > > > > > >> Podcast http://tinyurl.com/4t66cw > > >> > > > > > > Robin Hood er' Obama hood *economic justice*, well I guess somebody > > > has to play God and adjust all of the World's injustices! > > You mean take from the rich and give to the poor? Nothing wrong with > > that. I didn't know you were a millionaire, Billy. > > > > Obama's tax plans would barely be noticeable by the rich. They took a > > lot from this country and now they have a chance to give back. > > I don't think they 'took' it, they earned it! Also they pay most of > the taxes now, only the 'so-called' poor don't pay taxes! Anyway, I'm > for the flat tax! >
Why stop there - tell us, like Rush Limbaugh regularly says, that "cutting income taxes is so good for the economy that tax revenue actually increases" - "why, even the liberal John F Kennedy advocated cutting taxes to increase revenues......blah...blah....blah". This line of reasoning is swallowed completely. I've never heard a journalist ask the simple question "Beyond what decrease in the income tax rate does the increase in tax revenue stop increasing"? When Kennedy began cutting income taxes, the top rates were above 70%. Today the top rate is what - 39% ? I hope Sarah Palin tonight cites the Republican logic that cutting income taxes raises income tax revenue - and that Biden exposes the lie - once and for all. All Biden has to do is to ask Professor Palin the question "Beyond what decrease in the income tax rate does the increase in tax revenue stop increasing"? to stump her, and expose the lie, and the idiocy of the Republicans' logic.
