Wednesday, June 8, 2011

The $2.5 Trillion Tragedy: What America Has Given Up For 10 Years Of Bush Tax Cuts

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Today marks the 10th anniversary of former President George W. Bush signing into law his 2001 tax cuts (he passed a second round in 2003). While doing so, Bush promised prosperity and growth, but the nation got neither.

The cost of these budget-busting 2001 and 2003 tax cuts was, as estimated by Citizens for Tax Justice, roughly $2.5 trillion through 2010.





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2 comments:

  1. jadedjJune 8, 2011 at 10:23 AM

    Hells bells, we coulda financed another "war" with that money. Sheeeeeeit!

    ReplyDelete
  2. ChimpJune 8, 2011 at 11:44 AM

    Yeah. Let's see. Where else did God put our oil by mistake, besides the Middle East? Venezuela, of course! We coulda invaded them if we had all that money!

    ReplyDelete