Tax cuts create jobs? |

Tax cuts create jobs?

Ray Lassing

President Bush advocated tax cuts in order to create jobs. In 2003, Mr. Bush and Vice President Cheney together earned more money in 2003 than in 2002. However, due mainly to the tax cuts, they paid $129,276 less in federal taxes in 2003 than they did in 2002.

How did putting an extra $129,276 in their pockets help U.S. employment? Did they use the windfall to hire anyone? Or maybe, it’s as the Whitehouse Web site describes, tax cuts are to increase “consumer spending … to boost the economic recovery and create jobs.”

What did Bush and Cheney buy with? If they did not spend it to help create jobs, as promised, maybe they should return it.

Ray Lassing

Grass Valley

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