Originally Posted by theking

When the tax cuts...during President Bush's administration...were first put in place...Warren Buffet stated that in the first year of the cuts it would put $300,000,000 million dollars in his pocket and that he would not create a single job with the additional $300,000,000 million.

From the end of the Second World War until President Kennedy became President...the tax rate on the wealthy was 92% and it was during these same years that the biggest growth in our economy...housing boom and middle class growth took place...and the wealthy just kept getting more and more wealthy.