What is your point of view about the impact of George Bush's tax cut (since 2002) on economic growth and income distribution in the US economy?
2007-02-25 23:37:42 · 9 answers · asked by Mrjo 1 in Politics & Government ➔ Government
Exxon Mobil, Halliburton, Carlyle, and Enron Corps love it. As for the normal America getting $300.00 back while inflating everything else in the meantime has put regular Americans in a loss category.
2007-02-25 23:44:55 · answer #1 · answered by Mortica 4 · 0⤊ 1⤋
Tax cuts have spurred economic growth, the facts are in. Along with that, most of urban America has seen a 2 to 3x increase in the value of their house. Thats the real jewel of the the Bush economic plan.
Any change in Income distribution isn't statistically significant since the trend started in the 1920's and has continued ever since.
2007-02-25 23:59:50 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Tax cuts grow the economy,bring down any deficit,bring more revenue into the treasury and as the great Ronald Reagan once said " a rising tide,raises all ships"( for you libs that don't understand "a rising tide",an example would be,give a tax cut to anyone who pays taxes and they are more likely to hire someone to do a service or by a product that someone makes.In other words ,it helps EVERYONE).Raise taxes,revenues go down,deficits go up,businesses slow down and people get laid off,all of which gives MORE power to the Government,which is the Dems ultimate plan for us working class people.JFK,Reagan,and Bush all knew and know that tax cuts help everyone!
2007-02-26 00:05:48 · answer #3 · answered by roysbigtoys 4 · 0⤊ 0⤋
Sir,
I don't know about anyone else here, but I am a firm believer in my tax cuts, it helps put food on the families.
Thank you,
George
2007-02-26 10:50:18 · answer #4 · answered by nobody 1 · 0⤊ 0⤋
I think it is great. I have utilized the tax cuts to help pay down personal debt, buy a house, and put a dent (albeit small) in my school loans.
2007-02-26 00:11:10 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I absolutely LOVE IT... Bush's tax cuts have saved me a ton on my dividend income.
2007-02-25 23:46:22 · answer #6 · answered by Anonymous · 1⤊ 0⤋
How many jobs have been created in the private sector in the last four years? Unemployment is what, four and a half percent? You tell me.
2007-02-25 23:40:44 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Knowing his stupidity, it will probably make me weep.
2007-02-25 23:45:26 · answer #8 · answered by Anonymous · 0⤊ 1⤋
it blows.
2007-02-25 23:40:35 · answer #9 · answered by DEMMY 3 · 0⤊ 1⤋