Horn89, by your name you sound like you must be older than me, but your post sounds like someone fresh out of college. I am not sure which is the case, but to answer your questions:
No, Bush's tax cuts were NOT at all class warfare as they were making things slightly more fair. I honestly don't see how you can call it class warfare unless you are at least asking one class to pay a higher percentage of their income to taxes. that is true for the rich and not for the poor. As a kid, I heard for years about Reagan's "tax cuts for the rich" and felt middy put off by that mantra, thinking Reagan shouldn't have done that, until I realized that the rich were already paying a rate of 72%! Reagan dropped the highest bracket to 52% and liberals screamed and moaned for 8 years.
For the record, I am neither wealthy or the son of wealthy. I am working for a non-profit in Africa, so any attempts to put me into a privileged class won't really work. In fact, i make about 20K below the median income (or was that average?) for a family of my size. I just hate the injustice of making some people pay a much higher percentage of their income than others. Yes, I know that the stated rate and the actual rate can be different, but by any standard the rich pay far more than most of us. Heck, I am not sure I have paid much of anything the last 3 or 4 years as a father with 3 kids. I think that is ridiculous. I get so many different credits between my giving and my kids as to not pay much of anything.
No, Bush's tax cuts were NOT at all class warfare as they were making things slightly more fair. I honestly don't see how you can call it class warfare unless you are at least asking one class to pay a higher percentage of their income to taxes. that is true for the rich and not for the poor. As a kid, I heard for years about Reagan's "tax cuts for the rich" and felt middy put off by that mantra, thinking Reagan shouldn't have done that, until I realized that the rich were already paying a rate of 72%! Reagan dropped the highest bracket to 52% and liberals screamed and moaned for 8 years.
For the record, I am neither wealthy or the son of wealthy. I am working for a non-profit in Africa, so any attempts to put me into a privileged class won't really work. In fact, i make about 20K below the median income (or was that average?) for a family of my size. I just hate the injustice of making some people pay a much higher percentage of their income than others. Yes, I know that the stated rate and the actual rate can be different, but by any standard the rich pay far more than most of us. Heck, I am not sure I have paid much of anything the last 3 or 4 years as a father with 3 kids. I think that is ridiculous. I get so many different credits between my giving and my kids as to not pay much of anything.
