My "tax cut for the rich" has helped me! I enjoy the lower taxes because of my "tax cut for the rich".
You're rich?
Hardly, my wife and I combined make under 50k. I just find it ironic that they call it a "tax cut for the rich". My child deduction increased. I got 300$ back two years in row. I got a new couch and a deep freezer with each of those checks. My weekly payroll taxes went down. Under the old tax code I would have payed in the past 3 out of 4 years. I paid in one year in 2001 but that was due to my own error. I saved my old 1040s from the old tax code and figured it up and I would have payed in.
The "tab" comes when the debt on this folly is repaid. The $500,000,000,000 deficit for FY2004 financed these "tax cuts." But these days, what's a half trillion in debt -- a mere $1,700 per person in the USA was overspent! Please! No more MBAs from Haaaarvard.
So, Senator, you owe approx. $5,040 for this year. Cash, check, or... charge? Was that a fair trade -- $300 in the hand for $5,040 later?
It is a changed world, my friend on the opposite site of the political universe -- changed indeed that the Dems are now the fiscally responsible party.
- Alfie
a dollar saved is a dollar
invested