Tax cuts for rich Democrats
Don Surber:
David Cay Johnston used his column in the New York Times to make an obvious point, "Big Gain for Rich Seen in Tax Cuts for Investments."Surber gives the breakout of Kerry voters in the counties. I am glad he had the patience to do this. It is too bad the NY Times is not honest enough to do the same thing.
Yes, a cut in taxes on investments help investors. We did this to spur investment, which in turn spurs economic activity.
Johnston could have had a lot more fun in his column if he had looked at the map that NYT went through such painstaking efforts to generate.
He would have noticed something about those counties that gained so much money from this tax cut for the rich: They voted for Kerry.
Not every one of them, of course. But from Marin County on the West Coast to Fairfield County on the East, the enclaves of the rich tended to vote for Kerry.
This is in keeping with my take on the Modern Democratic Party: You either have to be exceedingly rich or very poor to belong. It also is the party of the high-school dropout and the PhD.
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