more on the repugs' one idea - tax cuts

GOP Reaches Deal on Tax Cuts
$70 Billion Measure Would Extend Breaks

House and Senate Republican negotiators reached a final agreement yesterday on a five-year, nearly $70 billion tax package that would extend President Bush's deep cuts to tax rates on dividends and capital gains, while sparing about 15 million middle-income Americans from the alternative minimum tax.
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But with the budget deficit still expected to exceed $300 billion this year, despite a strong economy, opponents say the government cannot afford to add $70 billion more over the next five years.

"The point is the preponderance of these revenues will go to upper-income people, people who make a million dollars or more," Sen. Olympia J. Snowe (R-Maine) said yesterday. "It's a question of priorities."
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Critics maintain that those tax cuts have overwhelmingly benefited the wealthy, while budget cuts target programs for the poor to close a deficit created largely by tax cuts totaling nearly $2 trillion since Bush took office.

Middle-income households would receive an average tax cut of $20 from the agreement, according to the joint Urban Institute-Brookings Institution Tax Policy Center, while 0.02 percent of households with incomes over $1 million would receive average tax cuts of $42,000.

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So, we get $20, while millionaires get at least $42,000! Well, sure, that seems fair!
And the millionaires get tax cuts while the poor get their benefits cut. And, on top of that, they add to our incredible deficit.
And how is this supposed to be good for our country? Oh, that's right, its not good for the country, just for the ultra-rich.
F'k'ing assholes....