February 21, 2007
-- by Dave Johnson
Who is our economy FOR? Bush is cutting Medicaid by $28 billion. Bush is giving the Walton family (Wal-Mart heirs) a $32.7 billion tax cut. You do the math.
Go see who else wins and loses: Maybe We Deserve to Be Ripped Off By Bush's Billionaires,
If the Estate Tax were to be repealed completely, the estimated savings to just one family -- the Walton family, the heirs to the Wal-Mart fortune -- would be about $32.7 billion dollars over the next ten years.More information you will not see in your local newspaper or on the news...
The proposed reductions to Medicaid over the same time frame? $28 billion.
[. . .] That's not only bad government, it's bad capitalism. It makes legalized bribery and political connections more important factors than performance and competition in the corporate marketplace. Beyond that, it's just plain fucking offensive to ordinary people. It's one thing to complain about paying taxes when those taxes are buying a bag of groceries once a month for some struggling single mom in eastern Kentucky. But when your taxes are buying a yacht for some asshole who hires African eight year-olds to pick cocoa beans for two cents an hour ... I sure don't remember reading an excuse for that anywhere in the Federalist Papers.
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