How the GOP stole America

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3. Yes, it's called the 2 Santa Clause theory.

RepubliCONS spend like drunks when they are in office then turn around and complain about the budget deficit when they are out of office. That way they get to be Santa Clause when they spend and Santa Clause when they protect the nation from debt.

But the overwhelming tax give away to the ultra rich is really part of the reason for this bad economy.

People think that the rich spend like the average person but they do NOT. When they get taxed on money they have no need for, they look for places to invest it. When they are NOT taxed on money they have no need for, they spend it, not on investments but on luxury items and are more likely to withdrawal their money in profits instead of reinvesting it.

In 2013 the Top 5% average tax break will be $20,510 which is 47.2% of the share of tax cuts and 4.0% of the average tax cut as a percent of income.

In 2013 the bottom 60% average tax break will be $487 which is 13.4% of the share of tax cuts and 1.7% of the average tax cut as a percent of income.

If you want a full break down of how the middle class and poor are supporting the rich through tax give aways, here's a link:

http://www.ctj.org/bushtaxcuts10yrs/us.pdf