Well so much for the great tax cut from bush. The top bracket got a 19% tax rate cut and the middle class only got 4%. In the meantime, Haliburton is ripping off all tax payers.
The Congressional Budget Office which is non-partisan found:
"WASHINGTON (AP) President Bush's tax cuts since 2001 have shifted more of the tax burden from the nation's rich to middle-class families, according to a study released Friday by the Congressional Budget Office. "
http://www.usatoday.com/news/washington/2004-08-13-tax-burden_x.htm
NEW YORK (Reuters) - Pentagon auditors have concluded that Halliburton Co. failed to adequately account for more than $1.8 billion of work in Iraq and Kuwait, said a newspaper citing a Pentagon report.
The amount represents 43 percent of the $4.18 billion that Houston-based Halliburton's Kellogg Brown & Root unit has billed the Pentagon to feed and house troops in the region, the Wall Street Journal reported.
It said the findings in the 60-page Pentagon audit report, dated Aug. 4 but not publicly released, are likely to increase pressure on the U.S. government to withhold hundreds of millions of dollars of payments to Halliburton.
http://money.cnn.com/2004/08/11/news/fortune500/halliburton.reut/index.htm?cnn=yes
I really wonder if it is a case that Haliburton can't account for $1.8 billions, or just won't? Chen
The Congressional Budget Office which is non-partisan found:
"WASHINGTON (AP) President Bush's tax cuts since 2001 have shifted more of the tax burden from the nation's rich to middle-class families, according to a study released Friday by the Congressional Budget Office. "
http://www.usatoday.com/news/washington/2004-08-13-tax-burden_x.htm
NEW YORK (Reuters) - Pentagon auditors have concluded that Halliburton Co. failed to adequately account for more than $1.8 billion of work in Iraq and Kuwait, said a newspaper citing a Pentagon report.
The amount represents 43 percent of the $4.18 billion that Houston-based Halliburton's Kellogg Brown & Root unit has billed the Pentagon to feed and house troops in the region, the Wall Street Journal reported.
It said the findings in the 60-page Pentagon audit report, dated Aug. 4 but not publicly released, are likely to increase pressure on the U.S. government to withhold hundreds of millions of dollars of payments to Halliburton.
http://money.cnn.com/2004/08/11/news/fortune500/halliburton.reut/index.htm?cnn=yes
I really wonder if it is a case that Haliburton can't account for $1.8 billions, or just won't? Chen
