Bush Tax Cuts: Will America Learn From History?
By Carl Gibson | June 8th, 2011 |
While millionaires and billionaires enjoyed another year of federal government handouts in excess of $100,000, I spent the better part of my day in a plasma donation clinic with dozens of others, all of us impatiently waiting to part with our lifeblood in exchange for $25.
This week marks the 10-year anniversary of the tax cut package signed into law in President Bush’s first year of office. And while tax cuts were also parsed out to the American poor and middle class, the lion’s share of the wealth has pooled into the hands of the richest 2 percent of Americans since Bush’s “Economic Growth and Tax Relief Reconciliation Act” became the law of the land. The result of that legislation has been anything but a relief for the other 98 percent of us.
More:http://blog.cagle.com/2011/06/bush-tax-cuts-will-america-learn-from-history/
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