Dubya’s Self-Fulfilling Tax Prophecy

1 comment January 31st, 2009at 04:18pm Posted by Eli

Yet another reminder of why my hatred for George W. Bush is virtually limitless:

He said this over and over during the 2004 campaign. His team must have thought it was a mighty clever talking point. It was so much fun to see the President of the United States, with control over the IRS, helpfully explain that the rich evade taxes and there’s nothing anyone can do about it.

7/14/2004 THE PRESIDENT: …People need to be aware of this talk out of Washington, D.C. that says, oh, don’t worry, we’re just going to tax the rich. That’s not the way it works in the tax code. The big rich dodge taxes, anyway. It’s companies like this who end up paying more taxes.
8/3/2004 THE PRESIDENT: …He said, tax the rich. You’ve heard that before haven’t you? You know what that means. The rich dodge and you pay.
8/13/2004 THE PRESIDENT:…I’ll give you one other thought. Let me just leave you with one other thought about taxing the rich. You know how that works. A lot of the rich are able to get accountants, so they don’t — they’re able to dodge. You’ve seen it before. We’re going to tax the rich, and then they figure out how not to get taxed.
8/28/2004 THE PRESIDENT: …Every time they say, tax the rich, the rich dodge and you pay.
9/1/2004 THE PRESIDENT: …You know what it means, tax the rich. It means the rich dodge and you get stuck with the bill.
9/3/2004 THE PRESIDENT: Yeah, we’ve heard that before, haven’t we? First of all, you can’t raise enough money by taxing the rich to support all his programs. Secondly, the rich figure out a way to dodge it, and you get stuck with the bill.
9/7/2004 THE PRESIDENT:Yes. Oh, don’t worry, we’ll tax the rich. Well, that’s why the rich hire accountants and lawyers. They dodge, you pay…
10/11/2004 THE PRESIDENT: …Something else about taxing the rich — the rich hire lawyers and accountants for a reason, to dodge the tax bill and stick you with it.

This is the same guy who eliminated half of the IRS lawyers who audit the rich, and went after the middle class more often with audits and scrutiny.

In other words, the state of affairs which he used as a pathetic excuse to not raise upper-income taxes was one which he himself perpetuated.  And you know, if he really was sincere about the wealthy’s ability to dodge taxes, then why not raise upper-bracket tax rates and reap the public-relations bonanza, secure in the knowledge that no-one who matters would ever actually take a hit?

What an evil, dishonest man.

Entry Filed under: Books,Corruption/Cronyism,Economy,Republicans,Wankers

1 Comment

  • 1. Ruth  |  February 1st, 2009 at 11:34 am

    In 2001 businesses paid 20% of the total tax bill. It went down steadily, but figures of actual percentage were no longer released after 2001.

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