Voodoo Economics
March 12, 2008
The Evil Republicans favoring the rich again ….or Art Laffer strikes back!(Laffer was the guy Bush I accused of inventing “Voodoo Economics. Of which has caused our economic expansion since 82 that has been unseen ever in human history)
Most Lefties do not “get” economics either fundamentally or they just choose to ignore history.
Since the Bush economics plan (which Obama and Hillary both wish to end) the rich have paid more taxes as a % than the bottom half, whilst the bottom half taxes have decreased. How can an evil Republican cause such compassion and hurt the rich? Because contrary to the Dems who want to control the wages rather than let economics do its thing. They seek control and thus hurt those that they supposedly seek to help. Both sides lust your money, make no mistake. Power always seeks more power. But at least the rights logic has efficacy and serves the greater good.
Because simply put, If they (and hopefully you) don’t have the bucks, they won’t hire anyone to drive the trucks.
- under bush tax plan top 1% earners paid 39.4% of all fed income taxes 2005
- 37.4% of all fed income taxes 2000
- 30.03 of all fed income taxes 1995
- under bush tax plan bottom half paid 3.01% of all fed income taxes 2005
- 3.09 of all fed income taxes 2000
- 4.6% of all fed income taxes 1995
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