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Reply #12: bush's tax cuts were actually a wealth redistribution upward. [View All]

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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 12:43 PM
Response to Reply #11
12. bush's tax cuts were actually a wealth redistribution upward.
there is only so much money in the economy at any one time. bush's tax policy ensured that more of that money lodged permanently in the hands of the wealthy few. Our tax system nationwide became far more regressive.

the tax burden (including state and local and property taxes) ROSE for most Americans, all while states and municipalities were given an overwhelming burden of services to provide on their own.

but all your reasons apply as well. the repukes created a perfect storm of economic destruction. gee, it's almost like they planned it that way...
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