HAVE YOU LOST YOUR MIND? WITHOUT A PROFIT INCENTIVE , NOT EVEN FOLKS LIKE YOU { NO IDEA OF ECONOMICS 101} WOULD HAVE A JOB. PROFIT IS GREAT!!! WHOM IS THE LAST POOR PERSON THAT HIRED YOU !

HIP HIP! HOORAY! Well said ....well said! Good riddence Bush! BTW, thanks for screwing the republican party up for good, they will never be what they once were EVER!, thanks to good ole W!

to blame this totally on Bush is weak and irresponsible. The congress's from the past and present not to mention Presidents from as far back as FDR are responsible for screwing this up. If we had one philosophy and stuck to it we would never have a problem. But everytime congress changes or the administration changes we get something new. This is where the problems start. Liberalism has provine to never work. Fiscal conservatism with strict adherance to the Constitution will always work. The government is to damn big. Unfortunatly the current group of Gov is making it even bigger and threaten to totally erase the Constitution. This will lead to another Revolution guaranteed.

It never ceases to amaze me how economically illiterate liberals are when they beat that "tax the rich" drum! Who do you think is the economic backbone of our economy idiots? The "rich" are employers, the middle class are employees!

You are so correct. Peter Cohan is always blaming the Republicans for all of the problems. He is smart enough to know that there isn't one iota of difference between the two party's. They are both led by thieves and liars that are controlled by the financial elite in this country.

"Iridium" is indeed a rare specimen...Right on the money - as usual. I vote Iridium for President!!!!

When we start attacking congress who actually pass the laws and approve funding for the (too big to fail) C.E.O.s' "continuing salary entitlement program"; we come to the heart of the matter. Presidents sign or veto what congress has passed. Presidents come and go while congress hangs on to their corrupt system of business as usual and, they protect each other (not their constituants): Therefore nothing of substance changes. Congress does not write (or read) the legislation they sponsor (their "special interest" campaign sponsors do this). There is no good or bad party; our 'representatives' are self-absorbed with their own enrichment. As long as they get their piece of the pie, do you think they care when nothing is left for the future well being of the "less fortunate"?
We need to assess how congress acts exlusively for our benefit and disregard the empty rhetoric (televised and sponsored by "special interest" corporate media). Do you really think this media "informs" you or, would risk offending sponsors and potential sponsors? How much money is spent on campaign coverage and who pays for it?
Can you get an appointment with your congressman or does he/she only grant personal audience to the wealthy and its corporate lobby? If congress does not read the legislation before voting, do you imagine that they read, know of, or even care about your input? Are congressional replies to your letters "canned" for the closest fit in category?
Yes, there were Bush's financial rewards to supporters (just like congress) and, we shouldn't forget one of his biggest supporters, Ken Lay at ENRON.
We should equally not forget the antics of a democratic congress and Clinton who (in 1999) signed the repeal of the Glass-Steagal Act of 1932. This Act prevented banks from investing depositor's money in the stock market, security trading, owning a brokerage and otherwise engaging in high risk activities that endangered the bank depositor's security interests.
In 8 short years (after the repeal) we again have massive bank failures and; for the same reasons that banks failed en mass after the crash of 1929.
Should any of us believe that congress did not have the foresight to prevent this culture of unregulated and unfettered greed that led us back to the same conditions preceeding the great depression? Or, did they not give a ....? Then ask youself what members of congress were there and remain in congress today. How did they vote? Did the "press" tell you the historical significance at the time? Do they mention it now or ask any long-standing member of congress why they voted in favor?
We need to wise-up, stay informed, stop listening to corporate propoganda and decide who is really acting in our best interests.

Those who work harder do indeed deserve to make more and they also deserve to pay higher taxes for their higher income. Unlike George Bush who made certain those who earned less paid more.

A good example of how we the suckers were left with the bill after the diners pigging out had left the restaurant.

Tracy, you're an idiot.


In 2004, the top 10% of CEOs made 350 times the average worker. Do they work 350 times harder? No, I don't think so. Of COURSE CEOs deserve to make more money than the average worker, because they DO work harder, but 350 times harder. No.

Plus, we all got tax cuts under Bush's plans, because we ALL pay taxes. All of us (or at least those who follow the law). Yes, the rich got most of it because they make the most and thus pay the most taxes, but us peons pay taxes on our measly income as well.

However, I disagree with the article. We cannot place the blame on Bush for the income inequality that has been rising in this country since the 80s, that's a result of poor policies in this country. We need to regulate these corporations; if there's one truism about human nature, its that people in power will use that power to amass as much wealth as possible, even if it means leaving everyone else out on the streets.

The fact that minimum wage was not increased by the Republican Congress for 9 years certainly contributed to this problem. Health care costs tripled during that time which left poor, American workers without health care. It does not take a PhD in Economics to see that Bush completely screwed over the Middle and Lower working classes during his administration.

Wow! Naive much?

This is the biggest lie I have been hearing that the top 1% pay the most taxes that is pure bull and they know it! Look at the tax code 62,000 pages of loopholes for who not me I'm just an average working man that can deduct interest on a mortgage big deal!!! The rich start with a high tax rate then that's when the big lie starts,when tax lawyers begin their magic of off shore accounts and other loopholes the rich have set up for themselves. A flat rate is only fair,you make this much here is your tax,but no they don't want to be fair. People this is called Greed pure and simple!!!!

Working harder? What planet are you in? Let's see. many brokers lost millions for their clients and still got big fat checks at the end of the year. Working harder to lose millions? The days of good old capitalism are gone in our country. Capitalism has turned into an elete group, which Bush tried hard to increase, to the explotation of the rest. Many get rich not because they worked harder but becayse theie families wealth is passed on. Case in point? Why W himself. His entitlements included a free pass to Yale, having his father bailed him out of many business failures, and to his credit becoming the President of the USA on the simple minded or arrongance of the wealthy.

Tracy,

Um, actually I do pay taxes. I make around $40,000 per year, and almost 1/3 of it goes to taxes. I might get $90.00 back at the end of the year and most of the time I have to pay in. Also, because of the way income is taxed, I am actually working for "free/no pay", after about the $33,000 mark, because after that amount, I pay over $4,000 + 25% of everything I make over that. I don't feel that 1/3 of my income should be taken from me-can't afford it. I also don't like working for free-do you?

And, I work a whole lot harder than lots of people who make two or more times what I do. It is a myth that people who make tons of money work harder-yes some might. It is only something many of them claim to justify "taking" money from people like me.

Think before you speak or write. You sound very unintelligent...

Tracy
Before you make statements about taxes, you shoulkd check your facts. As a percent of income, the wealthiest people pay considerably less than the middle class. Even Warren Buffet has stated this more than once. You can Google the numbers yourself.

Tax Accountant

you are an idiot