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Old 12-21-2005, 12:57 PM   #10 (permalink)
Mike Hunter
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Re: OT SENATE PASSES A WORKER FRIENDLY BUDGET BILL

More lies and left wing propaganda. There are NO cuts in the amount of
money the government will spend. What is being reduced is the amount of the
annual increases, built into government expenses, by $1 of every $1,000
spent That will help reduce the budget deficit that is so much of a
problem for those on the left, yet they voted against doing so.

History proves that ever time tax rates and capital gains taxes, the seed
corn of any economy that will produce new jobs, have been reduced it has
resulted in more income to the US treasury, not less. Japan does not tax
capital at all. Japan in fact offers a tax credit for capital earned in
other countries, that is returned to Japan. Even when it is earned as tax
free profits in other countries like the US. The recent US tax RATE cuts,
that went to every taxpayer in the US, is the engine that has been driving
the current robust economy since 9/11. Failing to make those reductions
permanent and reducing the budget will hurt the ever expanding income to the
treasury, further increasing the budget deficit and reducing the capital
that has been increasing the millions of new jobs for the so called working
man in the US.


mike hunt


"Learning Richard" <learningrichard@gmail.com> wrote in message
news:1135181421.502041.15710@g43g2000cwa.googlegroups.com...[color=blue]
> This bill cuts:
>
> 1. Child Support Enforcement
> 2. Medicaid
> 3. Medicare
> 4. Student Aid
> 5. Food Stamps
> and more!
>
> Neocons and Republicans are trumpeting the passage -- the tie was
> broken by Dick Cheney, who for some reason has not been arrested yet
> for multiple felony violations.
>
> Meanwhile, capital gains tax cuts and other "Wealthy-Friendly"
> provisions remain intact.
>
> Republican claims to be for "the average working person", though once
> again proven to be lies, have gone unanswered and without comment by
> the Senate Elite Neocons (see Bill Frist, et al).
>[/color]


 
 
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