Pretty amazing when you take a couple minutes to look at the figures to see that the Democrats in Congress and the MSM are lying to you. Surprised? I’m not, it goes on continuously, day in and day out. The Robin Hood mentality must stop, who do you think benefits when you look at the figures below? WE DO……
TAX CUT COMPARISONS
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.”
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 below 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.
The basic federal income tax rates are generally lower across the board for all taxpayers — not just for the well-to-do, as is often claimed — in 2008 than they were in 1999.
Taxes under CLINTON 1999
Single making 30K – tax $3,157.50
Single making 50K – tax $7,262.50
Single making 75K – tax $14,262.50
Married making 60K – tax $6,585.00
Married making 75K – tax $9,426.50
Married making 125K – tax $23,426.50
Taxes under BUSH 2008
Single making 30K – tax $2,756.25 —– 401.25
Single making 50K – tax $6,606.25 —– 656.25
Single making 75K – tax $12,856.25 —– 1406.25
Married making 60K – tax $5,512.50 —– 1073.00
Married making 75K – tax $7,762.50 —– 1664.00
Married making 125K – tax $19,462.50 —– 3964.00
Note that the largest difference between 1999 and 2008 taxes is only $3,964.00 (for married couples making at least $125,000),
Tags: Congress Abuse
