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View Diary: It's not 47% anymore (103 comments)

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  •  Don't think so (0+ / 0-)

    The explosive growth in the number of people not paying income tax or payroll tax was due to skyrocketing unemployment that took off just as Bush was leaving office, so it has a lot to do with his tenure but not the tax cuts. The Bush tax cuts slashed the revenue coming from the wealthiest but they still paid income tax, just a whole lot less than before.

    "All governments lie, but disaster lies in wait for countries whose officials smoke the same hashish they give out." --I.F. Stone

    by Alice in Florida on Thu Aug 29, 2013 at 09:28:18 PM PDT

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