Tax Man Bush says tax cuts stimulate the economy. Unfortunately, he's fallen more than 2.2 million jobs short of the projection made by his own economists.
posted by Postroad
on Jul 28, 2004 -
Corporate Freeloader Chief is Bush's Choice to Head Treasury John W. Snow, President Bush's choice to replace the fired Paul O'Neill as Secretary of the Treasury, is the CEO of CSX.
In three of the past four years, CSX Corporation, paid no federal income tax at all. Instead of paying taxes, CSX supplemented its $934 million in pretax U.S. profits over the four years with a total of $164 million in tax rebate checks from the federal government. "If the President's goal is to encourage even more corporate tax sheltering, then Mr. Snow looks like a fine choice to help him do so," said Robert S. McIntyre, director of Citizens for Tax Justice.
posted by Blake
on Dec 10, 2002 -
I'm curious, isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.
posted by the_0ne
on Apr 9, 2002 -