Quote:
Originally posted by Mmmm, Burger (C.J.)
So, boiled down, the complaint is that the top 10% pay 47.6% of all income taxes instead of 48.7%?
And that the middle 60% pay 35.2% instead of 34.6% of all income taxes?
Don't absolute figures count for anything?
Soak the rich indeed.
|
No. The facts are that the top 1% saw a drop of more than 6% in their effective tax rate, while the middle class saw a drop of less than 1%.
Absolute figures don't count for anything in a progressive system.
At the end of the day, thanks to Bush, the Forbes 400 saw enough tax relief to buy a new yacht or additional summer home, while my tax break was enough to take the family to Six Flags.
That's the truth about the Bush tax cuts.
