Posted by Roger Hunter on December 18, 2006 at 09:07:21:
barbara; While your percentages make it sound reasonable, they are in fact deceptive. Consider it this way; if I am scraping by on $6k per year by eating dogfood and the government takes 5% of it away for taxes I'll be in very dire straights whereas if you are getting $500k per year and the government takes 50% for taxes you might have to switch from Beluga caviar to a cheaper brand. Remember too that there's no assurance that the money saved by tax cuts will be recycled back into the economy. A good bit of it may well end up in Swiss bank accounts. And this is all OFF TOPIC anyway. Roger
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