Bush's tax cuts don’t work; rich pay record high, below the median pay record low!

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Originally Posted by saden1

Obama is not going to raise taxes on small businesses and he's not going to raise taxes on people with income over 250K. McCain on the other had will exacerbate the deficit by continuing the war and at the same time cutting taxes. Sure some will get a lower tax bill today but future generations will be the one who get screwed at the end.

I'm not sure if you are aware but we currently pay 260 billion dollars in national debt interest annually and just the other day congress had to increase the debt cieling by 800 billion to 10.6 trillion. What does that mean? It means if you can't pay, increase your credit limit.

This isn't complicated folks, it's common sense 101.

Well if the article is correct which started this thread that the Rich are paying even more taxes sense the Bush tax cuts isn't Obama going to reverse this trend my reversing those tax cuts? Then he says he is going to cut taxes for the working Joe cutting even more taxes so how will he pay for all these goverment programs that he wants to expand and create?