Madness

On Tue, 13 Jan 2004 18:56:19 GMT Rob Perkins wrote:

"R.Hubbell" wrote:

Not meant to be insulting. It happens to be the case that Bush's "plan"
doesn't do much for you unless you're very rich. So if you're not very
rich and you're supporting him you're fooling yourself.

Define "very rich".

what we are all not. How about avg. income equal to $170million/year


I'm in the 15% tax bracket. I watched my income tax bill go down from
$2500 in 2001 to $700 this last year, not including the $1600 check I
got in the mail last August for that advance child credit. You might
be willing to say that a $3400 reduction in my taxes is "not much for
me", but it was a significant percentage of my yearly income, and
represented a huge double-digit percentage of my "disposable" income,
almost a doubling.

Then again, I'm not supporting him on every issue he trumpets. Am I
fooling myself?

Depends on whether or not you expect to see any Soc. Sec. money.
And whether or not you're okay with postponing debt to another generation.

The problem is that there exists an taxation inequality.


R. Hubbell


Rob