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JOBS-JOBS-JOBS … NO Jobs, Extend Bush Tax Cuts

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Independem Donating Member (160 posts) Send PM | Profile | Ignore Sun Nov-07-10 03:57 PM
Original message
JOBS-JOBS-JOBS … NO Jobs, Extend Bush Tax Cuts
JOBS-JOBS-JOBS … NO Jobs, Extend Bush Tax Cuts

Why are Republicans so worried about Bush Tax Breaks? The people that don’t have jobs didn’t get Republicans elected but the Rich that gave them $Millions did.

What the Tax Breaks did in 2004!

Do You Get it America, Its about the Rich, Not about stupid jobs for the Middle Class!

They Said; Bush Tax Cuts will Give USA a Surplus 2004?

The Bush tax cuts have contributed to revenues dropping in 2004 to the lowest level as a share of the economy since 1950, and have been a major contributor to the dramatic shift from large projected budget surpluses to projected deficits as far as the eye can see.

The tax cuts have conferred the most benefits, by far, on the highest-income households — those least in need of additional resources — at a time when income already is exceptionally concentrated at the top of the income spectrum.

The design of these tax cuts was ill-conceived, resulting in significantly less economic stimulus than could have been accomplished for the same budgetary cost. In part because the tax cuts were not as effective as alternative measures would have been, job creation during this recovery has been notably worse than in any other recovery since the end of World War II.

http://www.cbpp.org/cms/index.cfm?fa=view&id=1811


19% People Have 81% of all the Money
Wealth Income and Power. Who’s Really has YOUR Money?


Table 1: Distribution of net worth and financial wealth in the United States, 1983-2007



Total Net Worth
Top 1 percent Next 19 percent Bottom 80 percent
1983 3.8% 47.5% 18.7%
1989 37.4% 46.2% 16.5%
1992 37.2% 46.6% 16.2%
1995 38.5% 45.4% 16.1%
1998 38.1% 45.3% 16.6%
2001 33.4% 51.0% 15.6%
2004 34.3% 50.3% 15.3%
2007 34.6% 50.5% 15.0%



http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

Party Over Country, for the Rich by the Rich…………..
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Oceansaway Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 04:27 PM
Response to Original message
1. K&R...n/t
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 04:34 PM
Response to Original message
2. K and R. I like this chart. I may steal it for another thread.
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 01:22 AM
Response to Original message
3. extension of tax cuts for the rich shouldn't even be up for discussion
Edited on Mon Nov-08-10 01:22 AM by Skittles
that's how fucked up things are
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