Re: Tax cuts don't create jobs, customers do

Summary: Liberalhere is an umemployed bum posting from the public
library in Buffalo, NY.

The DemocRAT Hall Of Shame asks
"Why do you always LIE?"

[Courtesy of Buster Norris]

On Wed, 10 Aug 2011 13:21:39 -0700 (PDT), liberal
<liberalhere@xxxxxxxxx> wrote:
Hint #2: Bush 1/2 tax rates are allowing the wealthy to increase their
wealth, while the bottom 95% are becoming less wealthy.


People often say that "the rich are getting richer while the poor are
getting poorer." Economics professor Steve Horwitz explains why in the
United States, this characterization is largely a myth.

Real income levels of the poorest 20 percent of Americans have
actually risen over time. Further, the individual households that
comprise the bottom income bracket do not stay the same. The majority
of Americans in the poorest 20 percent become wealthier over the
course of their lives.

Posted from:
The DemocRATs Hall of Shame!