That also holds if you WON'T tax the rich

Quote of note:

But who else are the "not rich"? Well, Bush last year reported an income of only $822,000, and his assets were worth as much as $19 million. That includes his 1,583-acre ranch in Crawford, Tex.

Clearly not rich.

Like Jeanne D'arc said, just so you know who he's talking about when he says he's fighting for the middle class.



Now That's Rich
By Al Kamen
Monday, July 26, 2004; Page A17

…"In the campaign, you'll hear, we're only going to tax the rich," Bush said. "That's what you'll hear. Now, this from a fellow who has promised about $2 trillion of new spending thus far. And only taxing the rich, first of all, creates a huge tax gap, which means buyer beware.

"You see, if you can't raise enough by taxing the rich, guess who gets to pay next?" Bush asked. "Yes, the not-rich. That's all of us."

So it turns out that Bush, unlike your typical grandsons of senators, sons of presidents and graduates of fancy prep schools, Yale and Harvard business school, is just another "not rich" guy, a regular working stiff.

Posted by Prometheus 6 on July 26, 2004 - 4:00pm :: Politics
 
 

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Well he has an MBA, so crunching numbers really aren't his strong suit.

Posted by  Pat (not verified) on July 26, 2004 - 4:06pm.