Re: Bush is funny.....



On Jan 18, 9:06 pm, SETI2...@xxxxxxxxxxx wrote:
Comment: Reputable economists agree that to stimulate the economy,
give short- term tax cuts to the lower and middle class to stimulate
spending.

"Reputable", as in Democrats?

Comment: Bush gave long-term tax cuts to the rich to "stimulate
investment."

Congress (you know, that branch of the Federal Government that
controls revenue, taxes, the budget, etc) gave long-term tax cuts to
the "rich" (AKA those who actually pay taxes) because giving tax cuts
to those who don't pay taxes would be about as dumb as putting
anorexic super-models on a diet.

For the record --

The top 5% of wage earners pay 53% of federal taxes.
The top 10% of wage earners pay 65% of federal taxes.
The top 50% of wage earners pay 96% of federal taxes.

Here endeth the lesson.



*******************************

What percentage do they pay into SSI, which they also receive?
.



Relevant Pages

  • Re: Bush is funny.....
    ... Reputable economists agree that to stimulate the economy, ... Bush gave long-term tax cuts to the rich to "stimulate ... The top 10% of wage earners pay 65% of federal taxes. ...
    (rec.music.artists.springsteen)
  • Re: Bush is funny.....
    ... Bush gave long-term tax cuts to the rich to "stimulate ... The top 10% of wage earners pay 65% of federal taxes. ...
    (rec.music.artists.springsteen)
  • Re: Bush is funny.....
    ... Bush gave long-term tax cuts to the rich to "stimulate ... the "rich" (AKA those who actually pay taxes) because giving tax cuts ... The top 10% of wage earners pay 65% of federal taxes. ...
    (rec.music.artists.springsteen)
  • Re: Hey Larkin? How about something new?
    ... Illegal immigrants are very mobile, if we fine employers for hiring ... The top 5% of wage earners pay 60% of all federal taxes, ...
    (sci.electronics.design)
  • Re: Hey Larkin? How about something new?
    ... Illegal immigrants are very mobile, if we fine employers for hiring ... The top 5% of wage earners pay 60% of all federal taxes, ...
    (sci.electronics.design)