Quote:
Originally Posted by eastendlu
Didn't the last round of tax cuts favor the wealthy and not the almost taxed to death middle class ?
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No, that is false. Democratic propaganda. The Bush tax cuts were across the board. However the "spin" is that they favor the wealthy because dollar for dollar, the wealthy pay more taxes, so they benefit more from cuts. The tax cuts were equitable which can be deemed to be unfair for political purposes. Its been posted out here a million times but something like 20% of the population pays for 90% of all the taxes.