jamesgangnc wrote:

You're pulling the typical conservative stunt. Cherry pick statistics
to support your point. What about the percenatges of wealth held by
the rich. And the increased difference between the wealthy, the
middle class, and the poor. You can't take one stat in isolation and
use it to prove a point. You have to look at the whole picture.
Besides it's not just the rich, what about tax breaks for oil
companies that post record profits? What kind of sense does that
make. How do you defend that?

The "tax-break" bucket is not connected to the "profit" bucket. The tax
breaks were legislated to achieve some social goal (e.g., employment) with
no regard by the taxing authorities as to the profitability of the
recipient.

To the degree that oil companies - or others - take advantage of these "tax
breaks," they should be applauded for promoting the social goals envisioned
by the legislative bodies.

Maybe we should name a holiday or something in the oil companies' honor.