A Quote by Joseph Stiglitz
Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses, and for misrepresenting the cost of the venture, there is no excuse for how he chose to finance it. His was the first war in history paid for entirely on credit. As America went into battle, with deficits already soaring from his 2001 tax cut, Bush decided to plunge ahead with yet another round of tax "relief" for the wealthy.
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Contrary to the myth that Mr. Bush cut taxes only for the wealthy, the 2001 tax cut reduced taxes for every income-tax payer in the country.
In 2001, Republicans used reconciliation to pass President Bush's $1.35 trillion tax cut that mainly benefited the wealthy.
Say what you want to say about the rest of his presidency, including his tone-deaf response to Katrina and a war waged in Iraq on false pretenses, Bush connected with Americans in the aftermath of 9/11 because he looked as frail and unforgiving as we felt.
My healthcare plan puts more money into average families' pockets than the Bush tax cuts... He's got a lousy tax cut. It's only good for the super wealthy. I've got a tax cut that will help ordinary people.
We not only heard it before 20 years ago, before George Bush in 2001 passed his tax relief, before in 2003 the tax relief were past, we were told they were dead. Before we provided prescription drugs for Medicare, we were told it wasn't going to happen.
And then you've got Lieberman, who is for the war. And thinks the tax cuts could really help. He's basically for people who want to vote for Bush but don't think Bush is Jewish enough.
What President Bush did in his doctrine of preemptive strike and in his war in Afghanistan and in Iraq was to turn even his allies in Europe negatively toward America.
America has lost the moral high ground with the rest of the world, and we have fewer allies as a result. President Bush and his administration have undermined the war on terror by using tactics outlawed by international treaty and condemned by even our closest friends.
Any Democrat who squirms on the tax-cut issue in the primaries has no chance ' zero ' to win the nomination. Each will have to take the “pledge” to oppose the Bush tax cuts. Thus, Bush will have succeeded in creating a situation where anyone who can win the nomination can't win the election. Democrats are not about to nominate anyone who backs the tax cut, and Americans are not going to elect anyone who favors a tax increase.
Let's make Jeb Bush explain his plan to give millionaires another massive tax cut.
Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.
This Iraq war has been the most "privatized" war in America's history. It has seen the most extensive use of contractors. The contractors have increased the costs; but they have been necessary - the military simply could not have done it on their own. we would have had to increase the size of the military. But the George W. Bush Administration wanted America to believe that it could have a war, essentially for free, without raising taxes, without increasing the size of the armed forces.
Could America exist without an income tax? The idea seems radical, yet in truth America did just fine without a federal income tax for the first 126 years of her history.
I should have voted for the first Iraq war. George Bush did that one very well. I had been skeptical. I was afraid that George Bush was going to treat the first Iraq war the way his son treated the second.
President Bush paid homage Wednesday to World War II veterans of Normandy at the D-Day Memorial. Later that night, his twin daughters paid a special tribute to World War II veterans of the Pacific. They each downed two kamikazes.
We were giving advice for the single-worst idea to come forward from a group that's been rife with them, it would be this: The idea is this: Let's make the tax code of America better for very rich people; let's give substantial tax relief to the richest people we can find. Forget about the person making $40,000 a year and paying Social Security payroll tax. Forget about all those other people paying income tax; we're here to give tax relief to the richest 2% of America.
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