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George, no, your son is a serial liar. Tens of millions of Americans know this, and we do not respect your son either.
I wrote this in March of 2004, although this is only a snip. To me these are very clear lies which any mathematician, accountant or economist can verify that your son is lying.
"In January of 2003, George W. Bush proposed another set of tax cuts, and, as before, he used lies and misinformation to promote them. In the 2003 State of the Union, the President said:
"The tax relief is for everyone who pays income taxes -- and it will help our economy immediately: 92 million Americans will keep, this year, an average of almost $1,000 more of their own money. A family of four with an income of $40,000 would see their federal income taxes fall from $1,178 to $45 per year. (Applause.) Our plan will improve the bottom line for more than 23 million small businesses." Jan. 28, 2003
In the first place, it is wrong to say that the 2003 tax cut was for everyone who pays income taxes. In 2002, on income of $10,198.47 (after my IRA deduction of $2659.10), I paid income taxes of $249. Now that the tax cuts have passed, for the same taxable income, the tax liability for 2003 is $249 (in fairness, I must note that the standard deduction went up by $50 and the exemption also went up by $50 which would reduce my tax liability by $10, but I do not believe those increases were part of the tax cut. For one thing, the standard deduction went up by $100 the year before.) Also please note that, thanks to Bush's tax cut, I am paying 5 times as much in taxes as a family of four with almost 4 times my income.
Once again, note President Bush's use of averages, a deceptive strategy to divert attention away from distribution. One part of the distribution was removing taxes on dividend income:
"Our proposal will promote capital formation and investment by ending the unfair double taxation on dividends. (Applause.) Not only will this proposal help when it comes for job creation, it will help all investors, including nearly 10 million seniors who receive dividend income." Feb 7, 2003
President Bush claimed to be concerned about how unfair it was to tax dividends twice. Does he feel that it is unfair to tax the same money twice? I cannot say, but I can point to an example. In 2001, my wages were $10,198.29. Out of that income, $780 was taxed away in FICA taxes, otherwise known as payroll taxes or social security and medicare. I never saw that money, never got to spend or save that money, it went straight to Washington DC. Still, the IRS considers it part of my income, which meant that I still paid income taxes on it, to the tune of $78 (more than a family of four now pays on their entire $40,000 income!) I paid taxes on my taxes. If President Bush really was concerned about the unfairness of double taxation, why has he said nothing about this very common form of double taxation? I can only conclude that George W. Bush was lying when he complained about the unfairness of double taxation.
Could it be that the President did not know about the double taxation of wages? Well, the Center of Budget and Policy Priorities (CBPP) posted a report which was revised on Jan. 11, 2003, which said: "Moreover, many forms of income are taxed more than once. An obvious example is wages. While corporate dividends are theoretically double taxed first at the corporate level and then at the individual level, an individual’s wages are immediately subject to both payroll and income taxes.""
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George W. Bush has produced a veritable tsunami of lies about tax cuts alone. He has flown around the country at taxpayer expense, telling the same lies at every stop.
"Next week, I will travel to New Mexico, Nebraska and Indiana to address the nation's hardworking, small business owners, families and investors. My message to them will be simple: the surest way to grow this economy and create jobs is to leave more money in the hands of the people who earn it." May 10, 2003
It's really ironic that your son claimed his plan would "leave more money in the hands of the people who EARN it" when his plan involved eliminating taxes on dividends, which are typically called "unearned income."
Do you really believe that your son is an honest man, and a person to be proud of? Or do you think that if you give a speech making those claims that you can 'catapult the propaganda' and the M$M will, once again, not bother to report the truth? Just because your big money supporters can drown out the truth with more lies does not make your son an honest man.
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