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Old 10-15-2004, 07:15 PM
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NapaBavarian NapaBavarian is offline
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If I had kids I might like Kerrys tax reformes, but I don't so I'm scared. Bush cut everyones taxes, sure, the top 1% might have gotten a huge break while the bottom level incomes got a small numerically break, but he cut across the board, and the wealthy have an incentive to spend their money with lower taxes and low interest rates. Wealthey may pay upwards of $1,000,000 a year in taxes, so $30,000 or 50,000, a lot of money, won't be that different from someone paying $10,000 and geting $300 or 500 back. In one of the debates kerry was asked to look into the cammera and promise not to raise taxes on people earning less than $200,000 a year, but he refused. Instead he promised child tax credits and other breaks for FAMILIES, so if you don't have kids your taxes will probably go up. He is very careful about the wording "tax breaks for families" and I have never found him to promise anyone else a tax break. Love em or hate em, the wealthy spend a lot of money, and if they are taxed more then they will look more to tax shelters, that means less of that money will find its way to my pocket.






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