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Originally Posted by onetime2
Now here're some questions for those who believe the "Bush tax cuts" only went to the rich:
Who is more likely to spend their tax cuts, the rich or the middle class?
Do you think the "rich" grabbed the millions you think they got and went out and bought food, cars, homes, refrigerators, etc?
If the tax cut was supposed to help jump start the economy, why would any President who believed this was the way to get us out of recession and cement his chances to win re-election, give the money only to the rich who aren't going to up their spending in any appreciable way?
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Congratulations, you just discoverd the logical fallacy of supply side economics. It's too bad that the American people seem to be under the impression that it's the only legitimate economic idea, but that explains why the President can get away with his tax policies.