General Discussion
In reply to the discussion: Please stop repeating false Republican talking points! [View all]hfojvt
(37,573 posts)"tax cuts (for the rich) will create jobs"
"I hope you'll join me in raising your voices to make sure that Congress enacts an economic stimulus plan big enough to help people who are looking for work, a plan big enough to encourage economic growth." May 12, 2003 in New Mexico
"The unemployment number is now at 6 percent, which should serve as a clear signal to the United States Congress we need a bold economic recovery package so people can find work. (Applause.) That 6-percent number should say loud and clear to members of both political parties in the United States Congress, we need robust tax relief so our fellow citizens can find a job. (Applause.)" May 6, 2003
"tax increases (on the rich) will seriously harm the economy"
"these tax cuts for the rich are really middle class tax cuts"
"When you hear the debate about this kind of class warfare, rhetoric about, oh, this is for the rich, only for the rich -- I want you to think about the Joe Kempers of the world. I certainly will. A fellow who worked for our government, and now a fellow who we trust with that $3,500, because it's his money. And when he invests it, it's going to have a positive effect. All the Joe Kempers of the world taking that extra money and investing it will mean somebody else is likely to find a job, and that's important for our fellow Americans to understand." Feb 12, 2003
"most people get $1,000 from this tax cut"
"The tax relief is for everyone who pays income taxes -- and it will help our economy immediately: 92 million Americans will keep, this year, an average of almost $1,000 more of their own money. A family of four with an income of $40,000 would see their federal income taxes fall from $1,178 to $45 per year. (Applause.) Our plan will improve the bottom line for more than 23 million small businesses." Jan. 28, 2003
Shares of the payroll tax cut
to the richest 10% - 26.7%
to the poorest 60% - 26.1%