tealin: (Default)
[personal profile] tealin
So ... what was up with Bastille Day this year?

I mean, not in France; obviously there were parades and fireworks and stuff. I mean in the U.S. of A. I never remember this much attention being paid to Bastille Day outside of 'Learning about the culture is just as important as learning the language' bloody useless French class. Did I just never notice it before? Is it a California thing?* Or is it, as I cynically suspect, because we have a new administration and thus it's OK to not hate France anymore so anyone with an international perspective is celebrating this by overcompensating?

*very much doubt this

Date: 2009-07-20 04:30 pm (UTC)
From: [identity profile] noodledaddy.livejournal.com
Tax cuts=more money for the government.

Truman, Kennedy, Reagan, and Bush all know and experienced the fact that lowering tax rates increases revenues to the federal government.

Reagan reduced the capital gains rate by 50% and reduced the highest marginal tax rates from 70% to 28%. In 6 years, tax revenues doubled.

IRS stats prove that the rich paid a greater percentage of the total tax revenue under Reagan and Bush (who lowered rates) than they did under Clinton (who raised rates).

Government social programs are horribly bloated. Take welfare for example. Just 28% of the money allocated for welfare ends up in the hands of the recipients. The rest is used up in administration. Putting charitable programs in the hands of non-governmental charities is far superior.

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