Berkeley CSUA MOTD:Entry 44676
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2025/05/23 [General] UID:1000 Activity:popular
5/23    

2006/10/4-6 [Reference/Tax, Finance/Investment] UID:44676 Activity:low
10/4    Just FYI, the Dow has hit an all-time high.  In this crappy Bush
        economy, damn him.
        \_ 1. median income went down.  2. average income only increased by
           something lik 0.3% while the inflation is running around 2-3%.
           3. housing price is dropping and interest is raising.
           For those who is making less than $200,000 a year, life is actually
           kind of sucks.
           \_ My life doesn't suck.
        \_ And it only took 7 years...
           \_ Try 5 years.  And recall what happened in those 5 years.
              \_ Jan 2000 - Oct 2006..  Nearly 7 years.  Also, using the DOW
                 as your measure for "the economy" is.. stupid.
        \_ As soon as that brings in taxes that cancel out the huge tax cuts
           and let us stop deficit spending like irresponsible college students
           I'll be impressed.
           \_ The tax cuts just weren't that big.  The poor don't pay income
              taxes, the middle class get soaked of course and the truly rich
              never paid income taxes of any note.  It's a nice idea though.
              Imagine if Mrs. Kerry actually paid the same percentage on her
              taxes that normal people do and didn't have a zillion loopholes.
              \_ The cuts weren't just in income taxes...
              \_ So if they weren't big, then they should already have been
                 cancelled out and we should have budget surpluses and be
                 able to start paying off the Debt.  Right?  (Not talking about
                 mid-year surplus B.S.)
                 \_ Gosh, because spending went up?  Waaaay up?  naah.  I'd
                    still like Mrs. Kerry to pay the same percentage of her
                    income in taxes that normal people do.
                    \_ And I'd rather that she pay a high percentage
                       commensurate with the increased value of the benefit
                       she gets from having a society that doesn't burn down
                       her house for hoarding wealth. -Dem
2025/05/23 [General] UID:1000 Activity:popular
5/23    

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