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Old 08-19-2004, 12:15 PM   #2230
taxwonk
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Quote:
Originally posted by bilmore
Just a quick thought as I run to a meeting:

Didn't I just read that the top 20%'s share of total taxes dropped from (I'm trying to remember the exact numbers, but I may be off, but I'll have the scope correct, at least) 64.6% to 63.7%

(Those are the folk above $183k/year, so I'm guessing those are the rich to whom you refer when you claim they disproportionately benefit.)

Does that drop - from 64.6% to 63.7% - really justify the kind of false class warfare hysteria we're seeing here?
As I noted a few days ago, looking at the total share of taxes doesn't really measure the disparity in the tax cuts. You have to compare effective tax rates. The top 1% of filers enjoyed a 6% drop in their effective tax rate. The middle class got less than 1%.

And really, Bilmore. I responded to one of your posts with a simple recitation of facts. You call that "false class warfare hysteria." Who's engaging in hyperbole here?
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