April 16, 2006
|Looting The Treasury||Politics|
Here's what Bush had to say in his weekly radio address yesterday as he argued for making his tax cuts permanent:
Monday is tax day, and that means many of you are busy finishing up your tax returns. The good news is that this year Americans will once again keep more of their hard-earned dollars because of the tax cuts we passed in 2001 and 2003.
Maybe he thinks only rich people listen to the radio. NYT:
The first data to document the effect of President Bush's tax cuts for investment income show that they have significantly lowered the tax burden on the richest Americans, reducing taxes on incomes of more than $10 million by an average of about $500,000.
Citizens for Tax Justice (click to enlarge):
If you're a millionaire, don't you think you already have enough? And for the rest of us: we're being robbed. They're looting the Treasury, in broad daylight.