posted 05-31-2003 02:11 AM            

THE HIGH CABAL'S ECONOMIC WAR AGAINST THE WORLD

posted 05-31-2003 08:55 AM            

"The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its REIGN by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed."

posted 05-31-2003 10:12 AM            

...unless their parents make minimum wage that is.

posted 05-31-2003 12:55 PM            

and a little word to your mother...folks earning minimum wage don't pay income tax...they usually get 3 or 4 grand back on the unearned income tax credit...

ellyn, mech, alex jones and jeff rense said the sun was blue...guess it's true then...

posted 05-31-2003 08:59 PM            

I don't know about other areas, but the local and state taxes in my area are sky-rocketing, to compensate for lost revenue. Revenue collecting has become the most prominent activity of the police force.

Low-income families won't get a child credit
From: New York Times
May 29, 2003

WASHINGTON--A last-minute revision by House and Senate leaders in the tax bill that President Bush signed on Wednesday will prevent millions of minimum-wage families from getting the increased child credit that is in the measure, according to congressional officials and outside groups.

Most taxpayers will get a $400-per-child check in the mail this summer as a result of the tax bill, which raises the child tax credit to $1,000 from $600. It had been clear from the beginning that the wealthiest families would not get this credit, which is designed to phase out at high incomes.

But after studying the bill approved on Friday, several liberal and child-advocacy groups discovered that a different group of families will also not beneift from the $400 increase--families who make just above the minimum wage. Because of the formula for calculating the tax credit, most families with incomes between $10,500 and $26,625 will not benefit from the increased credit. The Center on Budget and Policy Priorities, a liberal research group, says those families include 11.9 million children, or one of every six children under the age of 16.

"I don't know why they would cut that out of the bill," said Sen. Blanche Lincoln, D-Ark., who persuaded the full Senate to send the credit to many more low-income families before the provision was dropped in conference. "These are the people who need it the most, and who will spend it the most."

posted 05-31-2003 09:42 PM            

I want to be prepared for the big economic crash/Bush Depression coming soon.

posted 05-31-2003 10:48 PM            

if you pay income tax you get money back...if you make "combined" income of 110,000 or over you don't get the extra 400.00...

can you people not read ?

posted 06-01-2003 02:11 AM            

I don't see why anyone with a clear mind and a honest heart would want the government to have anymore of our hard earned money than is absolutely necessary for it's operation according to the constitution....

posted 06-01-2003 04:50 AM            

We already have money for poor families...It's called welfare, and all it does is keep people in that situation.

A tax cut is not welfare, it's giving people back money that they earn, money that was confiscated by the federal government.

Oh...and I guess if you make over 26,000 you're rich, because you are going to get a tax cut...and we all know this is a " "tax cut for the rich". I guess liberals are defining anything over 26,000 as "rich" these days. Personally, I think that if these millionaire Democrats are so opposed giving people back more of the money that they earn, they should set an example and refuse to take their tax cuts...Heck, they should volunteer to pay MORE in taxes than everyone else. Nobody is stopping THEM from sending some more cash to the government.

These millionaires in congress have no problem taking a tax cut and all the benefits and perks that go with being a senator or a congressman, but when it comes to giving a guy who grosses around 30K a year some of his money back, well oh no, we can't have that. He's rich and doesn't deserve a tax cut, because this is a tax cut for the rich...This is actually their argument!