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Implications of George W Bushs Tax Cut By Erick Everhard When George W Bush started to talk about a huge across the board tax cut in December 1 1999 most people thought he was full of hot air The 16 trillion dollar proposal was not very realistic Sure everybody would appreciate some reprieve from Uncle Sams relentless pick pocketing of the working mans wages but at what cost Money doesnt grow on trees so the question of everybodys mind was What other programs are going to be shafted in order to finance this brilliant strategic effort for a republican to clinch the presidential throne The early figures where inconsistent and it seemed Social Security would suffer the most It took this author a long time to find research on the web that told both sides of the story as the media is mostly right-wing biased But after tedious scrutiny and due diligence I discovered some excellent ideas within Bushs proposal I also dug up some facts that where both startling and shameful One of the key aspects of an across the board tax cut is that its equal to all parties involved So a crack-craving busboy in Chicago is as well off as a millionaire Manhattan internet mogul right Wrong If somebody is pulling six figures than surely they can afford to pay more taxes than Victor the valet Im sure Robin Hood would agree that targeted tax cuts are in order But Bush doesnt seem to think so He came up with this across the board cut for all the wrong reasons He is a people pleaser who wanted to appeal to everybody hence equal treatment for all In reality he knows that the rich may be few but are a lot more influential than others At the same time he strings the common man along with comments like The people of America have been overcharged and on their behalf
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