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WASHINGTON,
D.C. – U.S. Representative Jan Schakowsky (D-IL) issued today’s “Bush Administration’s
Misstatement of the Day” on tax cuts.
While
appearing in Iowa, Vice President Cheney said:
“As
you know, there are some who have suggested they want to roll back the
Bush tax cuts. ... I painfully hear these voices on the nightly news. But
in fact, the Bush tax cuts are bringing us out of recession.” (Des Moines
Register, 10/21/03)
Schakowsky
said, “Vice President Cheney must have had his mind on something else,
like his monthly $13,000 payment from Halliburton, when he was talking
about the Bush tax cuts. That’s the only way you can explain his
absurd comments about President Bush’s tax breaks for millionaires.”
Three
tax cuts later, the Bush economic plan has yielded:
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9 million
people out of work
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the
loss of 3.2 million private sector jobs
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the
highest level of long-term unemployment in ten years.
-
an
additional 5 million people work part-time because they can't find a full-time
job.
In
addition, “…almost half of all American taxpayers will get less than $100
this year and next from President Bush’s just-passed tax plan. In 2005,
three-quarters of taxpayers will get less than $100, and in 2006 and later
years almost nine out of ten will get less than $100.” (Citizens for Tax
Justice, 5/30/03) |
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