Thread: Bob Chapman: A picture worth 44 Billion Dollars

A picture worth 44 Billion Dollars

An excerpt from Bob Chapman's weekly publication.

March 16 2011: A special look at tax cuts for the wealthy vs budget cuts for programs at risk. It looks like extending the Bush era tax cuts is simply a matter of taking from the poor and giving to the rich. A picture worth 44 Billion dollars



The International Forecaster will return with a regular issue on March 23.

http://theinternationalforecaster.com/I ... on_Dollars

OK, This was created by liberal democrats. Which says its loadad with lies and exaggerations, lets get that on the table.

Ok, next lets look at just a few of these. Tax breaks for the rich...If I own a company and the IRS tells me we're gonna take more of your money for taxes cause you're rich, do you think I'm gonna give my personal $$ for this? NO! I'll lay off as many of the lower level workers (see poorer) to make up the tax $ I owe. SO that puts many out of work.

Tax breaks for oil companies: Yep they're making lots of $$. But who do you think has to search, drill, then process and refine the oil into gas? The Oil Companies! And that aint cheap. So a great deal of their profits are invested back into the company.

There are so many others that I havent the time to address. One of these that wasnt listed here should be the $$ that goes to LaRaza. OUR tax $$ goes to a racist organization that fights our federal law and lobbies for those that are lawbreakers and identity theives. That funding hasn't been cut!! Also the $$ that goes into our schools for ESL and Spanish language and Hispanic culture classes...illegals getting welfare, frree lunches and food . Oh, but thats not on your list either. NOT GETTING CUT!

For every tax break there is a reason.