posted 02-11-2008 04:10 PM                  

Subject: The Truth of Taxation

After watching a focus group of democrats that watched the democratic debate
the other day in Vegas, I literally wanted to puke. For the most part, all of them bashed Bush over and over again on how he is out for his millionaire friends and
the big oil companies and he has totally forgotten or disregarded the little guy.

So being an ex-IRS employee, I decided to look back on the tax tables to see if there is any truth to what they said and the media keeps stating as fact, "Bush is
only out for the rich in this country."

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 TaxesunderBush2008

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

If you want to know just how effective the mainstream media is, it is amazing how many people that fall into the categories above think Bush is screwing them and
Bill Clinton was the greatest President ever. If any democrat is elected, ALL of them
say they will 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 what happened. Now this is effective (maybe not honest) marketing or maybe a better word
is brain washing.

posted 02-11-2008 04:57 PM                  

quote:

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Originally posted by ed monahan:
In yesterday's paper they had a breakdown of who gave what to each candidate by zip code. Hillary got $ 200 from our zip code. I love it.

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posted 02-11-2008 05:47 PM                  

quote:

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Originally posted by Tytanium-K:
That was a nice contribution coming from you, Mr Monahan!

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Yeah Ed,,,,,,,,,I know you wanted back on Heynow Robert's Christmas card list,,and a $200 gift to Hillary was a fine jesture on your part.

posted 02-12-2008 04:53 AM                  

quote:

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Originally posted by heynow14:
Info on Bush's 2001 tax cut:
http://www.thirdworldtraveler.com/Economics/Millionaires_TaxCut.html

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You don't really believe that crap, do you???