Friday, May 19, 2006
Leader of the Republican Aristrocracy Says LET THEM EAT CAKE!
Seriously, I don't think these guys have the slightest clue what $3.00 a gallon gas does to someone who's making $40,000 dollars a year and supporting an entire family. Or what rising health care costs do to that $40,000 dollar a year salary. Or how that $40,000 dollar a year salary is going to get an annual 3% raise while inflation will rise at 4.5%. Or what higher interest rates do to someone living on a $40,000 dollar a year salary.
And just for the record, the median household income for the U.S. is somewhere around 41-43,000 dollars a year. So Mr. Hastert believes that half of Americans don't pay ANY taxes. Nice. No wonder his policies always favor the rich.
Hastert: ‘If You Earn $40,000 a Year and Have a Family of Two Children, You Don’t Pay Any Taxes’
During a late session last night, Speaker Dennis Hastert (R-IL) made a stunning claim on the House floor:
Well, folks, if you earn $40,000 a year and have a family of two children, you don’t pay ANY taxes. So you probably, if you don’t pay any taxes, you are not going to get a very big tax cut.