Tuesday, September 28, 2010

Americans' Incomes Sank After Bush Tax Cuts.

Visit msnbc.com for breaking news, world news, and news about the economy

So, were people better off after the Bush tax cuts? Did the tax cuts provide more jobs and increase people's wages as Bush claimed they would?

It's no surprise that the answer is in the negative.

What is surprising is that there are so many high income earners who want to be taxed more.
Asked "Do you think - raising income taxes on households making more than $250,000 should or should not be a main part of any government approach to the deficit," 64% of respondents whose household income topped $250,000 answered yes. That's the same percentage of affirmative responses from families earning under $50,000.
Not all wealthy people are as greedy as the Republicans it seems.

No comments: