Get This Man a Tax Break Now! Exxon Chairman Gets $400 Million Retirement Package Amid Soaring Gas Prices
When the Bush administration wasn’t lying about Iraq, it was lying about who got the Bush tax cuts as Paul Krugman recently pointed out: “Here's the bottom line: about 32 percent of the tax cuts went to the richest 1 percent of Americans, people whose income this year will be at least $341,773. About 53 percent of the tax cuts went to the top 10 percent of the population. Remember, these are the administration's own numbers — numbers that it refuses to release to the public.” Hold on, it’s going to get worse. The repeal of the estate tax hasn’t kicked in yet but that will mean that 1% of Americans will receive 40% of the Bush tax cuts. Krugman adds that Bush administration officials "continue to claim that most of the tax cuts went to the middle class even though their own tax analysts know better.” It's called lying, people.
The Christian Bush spent his term helping the richest – not the poorest among us.
With the retiring CEO of EXXON, you get the perfect payoff from both sets of lies. Oil has gone way up, because of Iraq, so therefore this guy gets a bigger package, and gets to keep more of it because of the Bush tax breaks. Meanwhile 38% of the country continues to see Bush as a godly man and a good leader. If you gave me 400 million, I might it see it that way, too.
Actually, no. I'd still see him for what he really is: A budget-busting, hypocritical moron.
ABC News: Exxon Chairman Gets $400 Million Retirement Package Amid Soaring Gas Prices