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Unformatted text preview: it which does not directly contribute to growth of the lower classes. Amity Shlaes talks about the “greedy hand of government” but what about the “greedy hand of the wealthy friends of the government who reap the benefits of a tax cut for the rich”. It is truly amazing how President Bush still preaches tax cuts in the wave of a huge debt from the war in Iraq. Taxes are going to fund this war and he is advocating the lowering of them. However taxes cuts are not inherently bad or good. I agree with the plan Barack Obama has set forth to give tax cuts to the middle class: the ones who need the benefit of a tax cut the most. To conclude I think that tax cuts can be beneficiary to those who actually need them; the current system of tax breaks for the rich and corporations is not working and is not benefiting the economy....
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- Spring '08
- President of the United States