Thursday, April 28, 2005

Again with this

Here’s an excerpt from a WashPost editorial on the 2006 federal budget:

The resolution would take from the poor and give to the rich. It would provide for easy passage -- no Senate filibuster allowed -- of what's likely to be $70 billion in tax cuts over the next five years, the benefits of which would tilt heavily toward wealthier Americans.
How tiresome is this class warfare trope? If taxes were cut 1% for the richest Americans but 20% for everybody else, the “rich” would still receive the majority of the dollar sum of tax breaks because they pay all the taxes.

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