One of many reasons I will be voting for Kerry is that I don't like seeing tax money fly out the window to the rich. The rich are much richer now than before Bush and the poor are poorer. Money is scarce for most and plentiful for a few. The big surprise is going to come when the poor majority have no money. The economy will collapse if 100,000 - 500,000 people hold all the money. What will poor people use to buy the shit at Wal-Mart that is made overseas by people making 30 cents an hour? At that time after the economy has collapsed, all the glorious money that Bush has been handing over to the corporations and CEOs who have no conscience will be worthless! We will all be on a level playing field again.
A perfect example is the abolition of the dividend tax. If I remember the figures correctly, 50% of this cut went to the top 1% of wage-earners in the US. Add in another 4% of the top wage-earners, and you have 75% of this tax cut which amounts to billions of dollars to the top 5% of US wage-earners! So, instead of spending those billions to reduce the cost of healthcare or to provide more federal money to education or even to fund the war (which was instead funded by our Social Security) , it will help to pad the pockets of people who aren't putting their money back into the economy, but are hoarding it in offshore bank accounts to avoid taxation. I personally think it is all an outrage.
A perfect example is the abolition of the dividend tax. If I remember the figures correctly, 50% of this cut went to the top 1% of wage-earners in the US. Add in another 4% of the top wage-earners, and you have 75% of this tax cut which amounts to billions of dollars to the top 5% of US wage-earners! So, instead of spending those billions to reduce the cost of healthcare or to provide more federal money to education or even to fund the war (which was instead funded by our Social Security) , it will help to pad the pockets of people who aren't putting their money back into the economy, but are hoarding it in offshore bank accounts to avoid taxation. I personally think it is all an outrage.