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	<title>Comments on: Who Will Speak Up For The Poor Downtrodden Folks Who Make A Quarter Of A Million Dollars A Year?</title>
	<atom:link href="http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/</link>
	<description>Like Kryptonite To Stupid</description>
	<lastBuildDate>Mon, 23 Nov 2009 10:00:25 -0500</lastBuildDate>
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		<title>By: C.S.Strowbridge</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-141014</link>
		<dc:creator>C.S.Strowbridge</dc:creator>
		<pubDate>Sun, 08 Mar 2009 03:32:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-141014</guid>
		<description>&quot;Fact is, nine out of ten of them made a lot more money under Clinton than they ever did under a Republican presidency.&quot;

The top 10% do much better under Republicans when compared to the bottom 90% on average. 

However, the EVERYONE does better under Democrats when compared to Republicans on average.</description>
		<content:encoded><![CDATA[<p>&#8220;Fact is, nine out of ten of them made a lot more money under Clinton than they ever did under a Republican presidency.&#8221;</p>
<p>The top 10% do much better under Republicans when compared to the bottom 90% on average. </p>
<p>However, the EVERYONE does better under Democrats when compared to Republicans on average.</p>
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		<title>By: Jaim</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140840</link>
		<dc:creator>Jaim</dc:creator>
		<pubDate>Sat, 07 Mar 2009 07:35:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140840</guid>
		<description>How did all these John Galts make it through the 90&#039;s anyways?  Because all Obama is going to do is restore tax levels to those levels.

Seriously, how do these fucktards make it through the day, let alone a decade when supposedly things were so horrible?  Fact is, nine out of ten of them made a lot more money under Clinton than they ever did under a Republican presidency.</description>
		<content:encoded><![CDATA[<p>How did all these John Galts make it through the 90&#8217;s anyways?  Because all Obama is going to do is restore tax levels to those levels.</p>
<p>Seriously, how do these fucktards make it through the day, let alone a decade when supposedly things were so horrible?  Fact is, nine out of ten of them made a lot more money under Clinton than they ever did under a Republican presidency.</p>
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		<title>By: C.S.Strowbridge</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140777</link>
		<dc:creator>C.S.Strowbridge</dc:creator>
		<pubDate>Sat, 07 Mar 2009 01:59:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140777</guid>
		<description>Haplo9 says: &quot;Huh? What is 0×08%? It certainly isn’t the difference between 39.6% and 35%..&quot;

Wow. Haplo9 can&#039;t do basic math. Colour me surprised. 

$2300 is roughly 0.8% of $300,000.</description>
		<content:encoded><![CDATA[<p>Haplo9 says: &#8220;Huh? What is 0×08%? It certainly isn’t the difference between 39.6% and 35%..&#8221;</p>
<p>Wow. Haplo9 can&#8217;t do basic math. Colour me surprised. </p>
<p>$2300 is roughly 0.8% of $300,000.</p>
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		<title>By: (: Tom :)</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140730</link>
		<dc:creator>(: Tom :)</dc:creator>
		<pubDate>Fri, 06 Mar 2009 22:34:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140730</guid>
		<description>&lt;i&gt; joaquin says, March 6, 2009 at 10:59 am&lt;/i&gt;

&lt;i&gt;I’ll tell you who is concerned, US colleges and universities. Endowments are way down. I wonder why?&lt;/i&gt;

You mean trickle down doesn&#039;t work so good in tough times like now, and all the fat cats who wrote off their university donations suddenly don&#039;t need (or can&#039;t get) all those tax deductions anymore?  And of course this is all Obama&#039;s fault, as is every single frelling event in world history since he took over the clusterCheney the Republican&#039;t junta left him?  Do tell...

It&#039;s not just that the useless and hypocritical lies being told by the Rush Limbaugh Brigade have been proven so wrong for so long (and yet still keep being parroted here as if they are some sort of rational justification for their idiocy) - it&#039;s that they just keep on driving off the cliff, oblivious to their lunacy.

But it &lt;b&gt;is&lt;/b&gt; funny to see the Republican&#039;ts still blaming the liberals for their own mistakes, and hammering them when they still try and rescue Republican&#039;ts from disasters.  A cinservative version of the odious liberal characters from &lt;a href=&quot;http://en.wikipedia.org/wiki/The_Young_Ones_(TV_series)&quot; rel=&quot;nofollow&quot;&gt;the Young Ones&lt;/a&gt; (if anyone else remembers that short lived show).

I guess it&#039;s okay if we laugh - as long as we don&#039;t point...</description>
		<content:encoded><![CDATA[<p><i> joaquin says, March 6, 2009 at 10:59 am</i></p>
<p><i>I’ll tell you who is concerned, US colleges and universities. Endowments are way down. I wonder why?</i></p>
<p>You mean trickle down doesn&#8217;t work so good in tough times like now, and all the fat cats who wrote off their university donations suddenly don&#8217;t need (or can&#8217;t get) all those tax deductions anymore?  And of course this is all Obama&#8217;s fault, as is every single frelling event in world history since he took over the clusterCheney the Republican&#8217;t junta left him?  Do tell&#8230;</p>
<p>It&#8217;s not just that the useless and hypocritical lies being told by the Rush Limbaugh Brigade have been proven so wrong for so long (and yet still keep being parroted here as if they are some sort of rational justification for their idiocy) &#8211; it&#8217;s that they just keep on driving off the cliff, oblivious to their lunacy.</p>
<p>But it <b>is</b> funny to see the Republican&#8217;ts still blaming the liberals for their own mistakes, and hammering them when they still try and rescue Republican&#8217;ts from disasters.  A cinservative version of the odious liberal characters from <a href="http://en.wikipedia.org/wiki/The_Young_Ones_(TV_series)" rel="nofollow">the Young Ones</a> (if anyone else remembers that short lived show).</p>
<p>I guess it&#8217;s okay if we laugh &#8211; as long as we don&#8217;t point&#8230;</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140716</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:52:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140716</guid>
		<description>Po folks usually spend on daily necessities, like toothpaste, gas, medical checkups, school supplies.. much of it classified as domestic spending. 

Where&#039;d all the conservatives go?  Oh..  It&#039;s past work time and they&#039;ve all gone home.  My bad.</description>
		<content:encoded><![CDATA[<p>Po folks usually spend on daily necessities, like toothpaste, gas, medical checkups, school supplies.. much of it classified as domestic spending. </p>
<p>Where&#8217;d all the conservatives go?  Oh..  It&#8217;s past work time and they&#8217;ve all gone home.  My bad.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140714</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:48:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140714</guid>
		<description>Some say that if the rich are richer they will be more likely to buy complex assemblies (such as the 2010 Bentley) which makes for an economic trickle down effect with all those parts suppliers, lunch counters, etc..

But others say that if the rich are richer many of them will put their money into speculative investments, like real estate, mortgage backed securities, and commodities like oil, which winds up destabilizing the economy.</description>
		<content:encoded><![CDATA[<p>Some say that if the rich are richer they will be more likely to buy complex assemblies (such as the 2010 Bentley) which makes for an economic trickle down effect with all those parts suppliers, lunch counters, etc..</p>
<p>But others say that if the rich are richer many of them will put their money into speculative investments, like real estate, mortgage backed securities, and commodities like oil, which winds up destabilizing the economy.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140712</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:44:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140712</guid>
		<description>I forgot: Your little country has to compete in an ultra competitive global economy.</description>
		<content:encoded><![CDATA[<p>I forgot: Your little country has to compete in an ultra competitive global economy.</p>
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		<title>By: Duros62</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140711</link>
		<dc:creator>Duros62</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:42:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140711</guid>
		<description>&lt;i&gt;In your thought experiment, the big earner is perfectly willing to watch 10% of his neighbors starve rather than give up even a fraction of their surplus wealth.&lt;/i&gt;

Dude, did you see the 2010 Bentley? Totally getting one.</description>
		<content:encoded><![CDATA[<p><i>In your thought experiment, the big earner is perfectly willing to watch 10% of his neighbors starve rather than give up even a fraction of their surplus wealth.</i></p>
<p>Dude, did you see the 2010 Bentley? Totally getting one.</p>
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		<title>By: SpiderJ</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140707</link>
		<dc:creator>SpiderJ</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:37:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140707</guid>
		<description>&lt;i&gt;A. If taxed, the one $500,000 earner will have to lay off one of the other ten.&lt;/i&gt;

Which is the funny thing: the $500,000 earner would not &lt;i&gt;have&lt;/i&gt; to lay off one of the other ten, he&#039;d just have to accept that this year he&#039;s only making $475,000.

As Dennis tells me, such people want &quot;everybody&quot; to succeed, which seems to go against the idea of deciding that one of these people &lt;i&gt;must&lt;/i&gt; fail.

In your thought experiment, the big earner is perfectly willing to watch 10% of his neighbors starve rather than give up even a fraction of their surplus wealth.

But remember, there&#039;s no such thing as a rich, uncaring fat cat.</description>
		<content:encoded><![CDATA[<p><i>A. If taxed, the one $500,000 earner will have to lay off one of the other ten.</i></p>
<p>Which is the funny thing: the $500,000 earner would not <i>have</i> to lay off one of the other ten, he&#8217;d just have to accept that this year he&#8217;s only making $475,000.</p>
<p>As Dennis tells me, such people want &#8220;everybody&#8221; to succeed, which seems to go against the idea of deciding that one of these people <i>must</i> fail.</p>
<p>In your thought experiment, the big earner is perfectly willing to watch 10% of his neighbors starve rather than give up even a fraction of their surplus wealth.</p>
<p>But remember, there&#8217;s no such thing as a rich, uncaring fat cat.</p>
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		<title>By: Oliver Willis</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140704</link>
		<dc:creator>Oliver Willis</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:35:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140704</guid>
		<description>Except, as has been pointed out, we had this tax rate before and it didn&#039;t cause chaos.</description>
		<content:encoded><![CDATA[<p>Except, as has been pointed out, we had this tax rate before and it didn&#8217;t cause chaos.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140702</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:33:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140702</guid>
		<description>So it all becomes a matter of taxing 1 or taxing 10.</description>
		<content:encoded><![CDATA[<p>So it all becomes a matter of taxing 1 or taxing 10.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140700</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:31:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140700</guid>
		<description>Either way, the ten lose.  The one with the power wins.</description>
		<content:encoded><![CDATA[<p>Either way, the ten lose.  The one with the power wins.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140699</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:30:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140699</guid>
		<description>Damned thing displays my preview but cuts me off.</description>
		<content:encoded><![CDATA[<p>Damned thing displays my preview but cuts me off.</p>
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		<title>By: Duros62</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140696</link>
		<dc:creator>Duros62</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:07:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140696</guid>
		<description>Talk slower, freD.</description>
		<content:encoded><![CDATA[<p>Talk slower, freD.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140694</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:05:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140694</guid>
		<description>I give up.</description>
		<content:encoded><![CDATA[<p>I give up.</p>
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		<title>By: Duros62</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140693</link>
		<dc:creator>Duros62</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:04:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140693</guid>
		<description>&lt;i&gt;You have 11 citizens in your country, and a $50,000 tax bill to pay. You must decide between taxing:

&lt;/i&gt;

Easy. You give a tax cut to the 1 who makes $500,000, increase the taxes of the other ten and pass the deficit onto the next ten when you get booted out.</description>
		<content:encoded><![CDATA[<p><i>You have 11 citizens in your country, and a $50,000 tax bill to pay. You must decide between taxing:</p>
<p></i></p>
<p>Easy. You give a tax cut to the 1 who makes $500,000, increase the taxes of the other ten and pass the deficit onto the next ten when you get booted out.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140692</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:04:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140692</guid>
		<description>It is obvious that less taxes is a good thing for everybody.  But regarding taxing the rich vs. taxing the poor, and how it impacts the economy, it</description>
		<content:encoded><![CDATA[<p>It is obvious that less taxes is a good thing for everybody.  But regarding taxing the rich vs. taxing the poor, and how it impacts the economy, it</p>
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		<title>By: Duros62</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140689</link>
		<dc:creator>Duros62</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:01:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140689</guid>
		<description>&lt;i&gt;Maybe it’s me…………..&lt;/i&gt;

It is, trust me.</description>
		<content:encoded><![CDATA[<p><i>Maybe it’s me…………..</i></p>
<p>It is, trust me.</p>
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		<title>By: freD</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140688</link>
		<dc:creator>freD</dc:creator>
		<pubDate>Fri, 06 Mar 2009 21:00:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140688</guid>
		<description>As an added bonus, a thought experiment:

You have 11 citizens in your country, and a $50,000 tax bill to pay.  You must decide between taxing:

A. the 1 who makes $500,000 a year (all $50,000 tax)
B. the 10 who make $50,000 ($5000 each tax) a year.

Those are the rules.  Now the breakdown:

A. If taxed, the one $500,000 earner will have to lay off one of the other ten.  

B. If taxed, the ten $50,000 earners will purchase $5000 less product from the big earner, resulting in one of them getting laid off.

It</description>
		<content:encoded><![CDATA[<p>As an added bonus, a thought experiment:</p>
<p>You have 11 citizens in your country, and a $50,000 tax bill to pay.  You must decide between taxing:</p>
<p>A. the 1 who makes $500,000 a year (all $50,000 tax)<br />
B. the 10 who make $50,000 ($5000 each tax) a year.</p>
<p>Those are the rules.  Now the breakdown:</p>
<p>A. If taxed, the one $500,000 earner will have to lay off one of the other ten.  </p>
<p>B. If taxed, the ten $50,000 earners will purchase $5000 less product from the big earner, resulting in one of them getting laid off.</p>
<p>It</p>
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		<title>By: Zython</title>
		<link>http://www.oliverwillis.com/2009/03/06/who-will-speak-up-for-the-poor-downtrodden-folks-who-make-a-quarter-of-a-million-dollars-a-year/#comment-140684</link>
		<dc:creator>Zython</dc:creator>
		<pubDate>Fri, 06 Mar 2009 20:45:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13338#comment-140684</guid>
		<description>&lt;i&gt;Not sure what your point is.&lt;/i&gt;

That&#039;s a shocker.

&lt;I&gt; Not everyone is getting bailed out of their bad decisions. Guys who borrowed money to start a business and failed are not getting bailed out. But guys who took out a second mortgage for unnecessary and purely cosmetic home improvements in many cases are. Improvements that a lot of wealthier people might’ve passed on because the expense didn’t make sense to them.&lt;/i&gt;

That&#039;s because the new bankruptcy laws (pushed by the ultra cons in congress, mind you) protect the former, but not the latter.

&lt;i&gt; Tax cuts Tax cuts Tax cuts are what get the economy rolling. &lt;/i&gt;

Tried it, and it didn&#039;t take.</description>
		<content:encoded><![CDATA[<p><i>Not sure what your point is.</i></p>
<p>That&#8217;s a shocker.</p>
<p><i> Not everyone is getting bailed out of their bad decisions. Guys who borrowed money to start a business and failed are not getting bailed out. But guys who took out a second mortgage for unnecessary and purely cosmetic home improvements in many cases are. Improvements that a lot of wealthier people might’ve passed on because the expense didn’t make sense to them.</i></p>
<p>That&#8217;s because the new bankruptcy laws (pushed by the ultra cons in congress, mind you) protect the former, but not the latter.</p>
<p><i> Tax cuts Tax cuts Tax cuts are what get the economy rolling. </i></p>
<p>Tried it, and it didn&#8217;t take.</p>
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