Wednesday, May 31, 2006

Hooray for tax cuts!!

If anyone has been watching the news lately youll see that the president has just signed a bill approving tax cuts. WHY DO WE WANT THIS???? Its supposed to be for the people, and yet the cuts are really for the rich. Looks like America is going even more into debt so thanks China but we'll just have to write you another I.O.U.

The highly respected Urban Institute-Brookings Institution Tax Policy Center reports that households with incomes of more than $1 million a year — the richest 0.2 percent of the U.S. population — already are receiving tax cuts averaging $103,000 this year, before these two new tax cuts take effect. The Tax Policy Center finds that the two tax-cut measures in question will give these “millionaires” nearly another $20,000 a year in tax cuts, when the measures are phased in fully. The Katrina refugees can afford this right??

Our country is just spiralng downwards..its only a matter of time before we see the consequences. Some states have the right idea and want to impeach Bush. I can't believe people actually voted for him because he has no idea what hes doing to our country. Oil has got to go..

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