Friday, April 11, 2008

Leo Pusateri: who gives two shits about the poor?

Ladies and Gentlemen: here's another example of compassionate conservatism from Blogs for

3. Leo Pusateri | April 11th, 2008 at 8:45 am

The average Middle Classite got less than 100 bucks a year in tax cuts from Bush if you made a million dollars you got 42 000 a year.

Could it be because that maybe, just maybe, that millionaires pay more in taxes than the average “Middle Classite”? Could it be that the top 25 percent of all wage earners pay 86 percent of all Federal income taxes? Or that the top 1% pay 39 percent of all Federal income taxes?

They more than pay their fair share, sweetie.

6. Leo Pusateri | April 11th, 2008 at 8:51 am

They were tax cuts for those who pay the most taxes and not tax cuts in real terms for the bulk of Americans the Middle Class and the Poor.

Of course they favored the wealthy in bottom-line dollar terms, because the wealthy pay the lion’s share of the taxes. The poor don’t pay federal or state taxes. As a matter of fact, the poor probably get more money back than they pay in taxes via the Earned Income Tax credit.

11. Leo Pusateri | April 11th, 2008 at 10:20 am

Spare me. In the last 7 years the gap between top and bottomhas grown faster than at any other time and the middle class has shrunk.

If the rich weren’t free to get more rich, the poor would be even worse off. Capital begets captial, in terms of investment, and those who invest wisely invariably see good returns on their investment.

But their money is not invested in a vacuum. Investment necessarily creates demand for jobs. And as everyone knows (or should know), a good job which is ultimately the best form of welfare program.

So Joe, spare me your Trotskyite class-warfare rhetoric. It’s getting mighty old.

Take a step into the 21st century, okay?

12. Leo Pusateri | April 11th, 2008 at 10:22 am

10. Pain | April 11th, 2008 at 10:16 am

Who “needs” the money more Leo? The Rich or the Poor? Who “wants” the money more seems to have been the over arching concern here of the Elites.

Spoken like a true Bolshevik. Spoken like a true limousine liberal elitist. Bravo!!


Anonymous said...

Just a guess here But I bet Leo is as rich as the Ranger is.

Yakki.Psd said...

I see Leo is beset by Reaganomics on the brain.

Hey Leo,you haven't heard?

That shit don't work. It's a ponzi scheme.

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