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Subject: Let's Review Tax Cuts...
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cormanUser is Offline

Posts:1383


10/26/2008 9:07 AM Alert 

 

Look at the tax tables to see if there is any truth to what the Democrats have said, and the media keeps stating as fact, “Bush is only out for the rich in this country.”

So in its simplest for, based on using the actual tax tables (see link below), here are some examples on what the taxes were/are on various amounts of income for both singles and married couples… so let’s see if the Bush tax cuts only helped the rich.


 http://www.taxfoundation.org/publications/show/151.html

 

Taxes under Clinton 1999                                               Taxes under Bush 2008                       .

Single making    $30K  –  tax $  8,400                            Single making    $30K   –  tax  $ 4,500                            

Single making    $50K  –  tax $14,000                           Single making    $50K   –  tax  $12,500

Single making    $75K  –  tax $23,250                           Single making    $75K   –  tax  $18,750

Married making  $60K  –  tax $16,800                          Married making  $60K   –  tax  $  9,000

Married making  $75K  –  tax $21,000                          Married making  $75K   –  tax  $18,750

Married making  $125K – tax $38,750                          Married making  $125K –  tax  $31,250

 

Think about just how effective the mainstream media is – it is amazing how many people who fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. 

 

If Obama is elected, he says he will push to repeal the Bush tax cuts and a good portion of the people that fall into the categories above can’t wait for it to happen.  This is like the movie the Sting with Paul Newman, you scam somebody out of some money and they don’t even know it happened.  It is effective (maybe not honest) marketing. 

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Forums > General Discussion > Politics > Let's Review Tax Cuts...



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