Thursday, April 06, 2006

Republicans Love Welfare.


I know it sounds incredible, but the party of Social Darwinists and anal retentives that hides behind the props of patriotism and religious fervor, are actually huge proponents of welfare.

For the benefit of any conservatives that may be reading this, trust me, your representatives in D.C. are, even as you're reading this, getting erections every time they come up with a new way to cut services to the most needy while pie chart


using the sad state of the national budget as an excuse.

Probably the most efficient method of transferring wealth from the lower classes to the upper classes is cutting taxes for the wealthiest, while cutting services to poorest as evidenced by an analyses of IRS records by the New York Times:




An analysis of Internal Revenue Service data by The New York Times found that
the benefit of the lower taxes on investments was more concentrated on the very
wealthiest Americans than the benefits of President Bush's two previous tax
cuts.
The Times analyzed IRS figures for 2003, the latest year available and
the first that reflected the tax cuts for income from dividends and from the
sale of stock and other assets, known as capital gains.
According to the
study, taxpayers with incomes greater than $10 million reduced their investment
tax bill by an average of about $500,000 in 2003, and their total tax savings,
which included the two Bush tax cuts on compensation, nearly doubled, to
slightly more than $1 million.
These taxpayers, whose average income was $26
million, paid about the same share of their income in income taxes as those
making $200,000 to $500,000 because of the lowered rates on investment
income.
Americans with annual incomes of $1 million or more reaped 43 percent
of all the savings on investment taxes in 2003. The savings for these taxpayers
averaged about $41,400 each.
The newspaper's tax cut analysis showed that
more than 70 percent of the tax savings on investment income went to the top 2
percent, about 2.6 million taxpayers.


Oh yeah, I forgot to mention corporate welfare.

Republicans, making things better for those who have the most.

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I did not mean that Conservatives are generally stupid; I meant, that stupid persons are generally Conservative. I believe that to be so obvious and undeniable a fact that I hardly think any hon. Gentleman will question it.

John Stuart Mill (May 20 1806 – May 8 1873)