http://blog.ourfuture.org/20130107/the-tax-legacy-of-george-w-bush-it-lives?utm_source=rss&utm_medium=rss&utm_campaign=the-tax-legacy-of-george-w-bush-it-lives Daily news and strategy from a progressive point of view. Wed, 22 May 2013 17:21:57 +0000 hourly 1 http://wordpress.org/?v=3.6-alpha http://blog.ourfuture.org/20130107/the-tax-legacy-of-george-w-bush-it-lives#comment-36102 George Renaud Thu, 10 Jan 2013 21:10:28 +0000 http://blog.ourfuture.org/?p=83651#comment-36102 Every tax break for the rich is a tax increase for the poor.

]]> http://blog.ourfuture.org/20130107/the-tax-legacy-of-george-w-bush-it-lives#comment-31164 William Weiswasser Mon, 07 Jan 2013 22:34:44 +0000 http://blog.ourfuture.org/?p=83651#comment-31164 The article states that under the recent deal the top bracket will be “less than half” what it was under Eisenhower. In fact, it will be less than 40% of Ike’s top bracket rate. Despite all claims by Repubs to be fiscally responsible, Eisenhower was the last Repub prez to balance the budget more, than half a century ago! Two of them – Reagan and Bush Jr. – in their eight years nearly doubled the national debt that had accumulated in the more than two centuries before their terms. Relative to the past, current fedl tax revenues are low; the problem is less that we spend too much and far more that tax rates, especially for the most wealthy are too low.

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