Dec 12
Attention Middle Class: GOP Hates You

The Republicans are proposing a $14 billion cut in student loan programs. First the Republicans give tax breaks only to those top income earning Americans, then they abandon the poor with cuts to social programs, now they go after those families that need just a bit of help with getting their children off to college.

Oh well, if you can't afford to pay cash for college maybe you shouldn't go in the first place. I mean we always need people to work FOR us.

PinkDome at 9:44 AM
 
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Go get 'em, Pinkdome. If the American voters understood this, a shift in power would occur quickly. Kudos.

The Other Guy at December 12, 2005 12:33 PM

PD - I love ya! BUT, your comment:

"First the Republicans give tax breaks only to those top income earning Americans..."

is not correct. Yes - MOST tax breaks (monetarily wise) did go to the top wage brackets, but as per the factoid below, EVERYONE who pays taxes did indeed get some type of tax cut.

"President George W. Bush signed tax cuts into law in 2001, 2002, 2003, and 2004. The largest was the first, the Economic Growth and Tax Relief Reconciliation Act of 2001. It was estimated to save taxpayers $1.3 trillion over ten years, making it the third largest tax cut since World War II, behind only the Kennedy tax cut signed by Johnson in 1964 and the Reagan tax cut in 1981. The Bush tax cut created a new lowest rate, 10% for the first several thousand dollars earned. It also established a slow schedule of incremental tax cuts that would eventually double the child tax credit from $500 to $1,000, adjust brackets so that middle-income couples owed the same tax as comparable singles, cut the top four tax rates (28% to 25%; 31% to 28%; 36% to 33%; and 39.6% to 35%)."

PD - there is plenty to condemn the Republicans about without making broad statements that simply are not true.

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