Posted 9 years ago on Oct. 17, 2011, 9:10 a.m. EST by Puzzlin
This content is user submitted and not an official statement
Those making over $250,000 a year have been paying less income taxes because of a unfunded Bush tax cut for the rich that was supposed to help generate jobs. We were promised great prosperity, home ownership, and wealth. So where are the jobs we were promised? The American people are still waiting after 8 years of those Bush tax cuts. The rich still have them. What happened to those rich job creators?
The rich have gotten richer, that's indisputable, and the poor have gotten poorer. Am I living in some kind of twilight zone fantasy nightmare or has the American Dream started leaving us all behind except those 1% who enjoy all the money but just decided not to create any jobs with it.
Isn't this that recycled crap from Reagan, Trickle Down! Well, I think the jury isn't out on this one any more. It doesn't work. For the 1 %, it's time for you to pay for those roads and bridges you drive on, and the employees you hire who are educated in our public schools.
Under Bush, they got these tax cuts in 2003. How's that trickle down theory working? Romney's economic plan is in lock-step with Bush. He wants even more tax cuts for the rich, which is not surprising. Does anyone here learn lessons from the past or are condemned to always repeat our ill-gotten ways?