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Ganked from [livejournal.com profile] metahacker

([personal profile] ironphoenix Sep. 16th, 2008 01:05 pm)
This graph says it all, really.1 Republicans are for the rich. It's that simple.

Why do so many poor and middle-class people vote for them?

1: Well, not really. It doesn't show the cuts to social programs that the Republican tax plan necessarily implies because of the reduction in net tax revenues, which generally hit low-income folks harder.
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From: [identity profile] squireofmichael.livejournal.com


I think my response to [livejournal.com profile] theweaselking covered most of this.

The graphs were more to demonstrate that tax cuts have, if nothing else, not had any negative impact on the economy (the single largest factor that drives tax revenues) - and that it's likely they tend to have a positive impact, though you are correct; correlation is not causation.

From: [identity profile] ironphoenix.livejournal.com


GDP is not a terribly good measure of economic health, in my opinion. Balance between rich and poor is, long-term, very important, and GDP is silent on that question, for example.
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