I thought the Bush tax cuts only benefitte dthe rich?

[likwid]

Originally Posted by Jim in CT

Over the last few years, I have heard every single Democrat, and everyone in the Media, claim that "the Bush tax cuts only helped the rich".

Out of curiosity, can you post a link to this?

Now, I always knew that was a lie, because if you look at the tax tables on a before-and-after chart, you'd see that every single tax bracket, EVERY SINGLE ONE, got a big tax cut. The tax rates for the lowest bracket went from 15 percent to 10 percent. That's a 33 percent tax reduction for folks who ain't "rich".

In terms of monetary savings, who benefited the most?

[detbuch]

Originally Posted by likwid

In terms of monetary savings, who benefited the most?

I'm too lazy to provide a link to prove it so I may be wrong, but I thought I heard from some administration official, or other, that letting the tax break for rich people expire wouldn't hurt them, they have enough money, and the amount of extra tax they would have to pay would not affect them. So, I guess the tax break doesn't really benefit them. Even though the "monetary" amount saved is higher for rich folks than the "monetary" amount saved by those in lower tax brackets, the poorer folks "benefit" more.

[striperman36]

and the 'rich' don't spend as much of their income, so they don't need it

[Piscator]

Originally Posted by likwid

Out of curiosity, can you post a link to this?



In terms of monetary savings, who benefited the most?

These taxes are so out of control, the more $$ they take, the more $$ they need. It's not about who it is benifiting it's about being fair. They penalize someone who works their a$$ off, takes risks and makes money to pay for free loaders who sit around all day and watch TV all day. Don't kid yourself about that.

How would you feel if you fished all day and caught 4 fish. The government comes in and says, these 3 guys didn't fish today because they don't have a rod and reel but since you have 4 fish, you HAVE to give 3 of them to these guys..................Obama thinks he's Robin Hood. He is a clown. Check out Goolge for links. Here are a few:

Dear 44: The case for reversing the Bush tax cuts - Michael Ettlinger - POLITICO.com

AP Shocker: Bush Tax Cuts Didn't Just Help The Rich | NewsBusters.org

[likwid]

Originally Posted by Piscator

Dear 44: The case for reversing the Bush tax cuts - Michael Ettlinger - POLITICO.com

AP Shocker: Bush Tax Cuts Didn't Just Help The Rich | NewsBusters.org

You post basically insano sites that are the left's version of the tea party batsh*t blogs that post about how Obama isn't a citizen and you expect to be taken seriously?

Next you're gonna tell me that Fox News is a respectable news outlet because of its ratings.

[Piscator]

Originally Posted by likwid

You post basically insano sites that are the left's version of the tea party batsh*t blogs that post about how Obama isn't a citizen and you expect to be taken seriously?

Next you're gonna tell me that Fox News is a respectable news outlet because of its ratings.

Do your research dude. Politico is moderate to slightly right. No more right than NBC is Left.

Answer this question, All the liberals whine about the rich not paying their fair share, what's is the poor’s fair share? We as a country are enabling people to rely on the govenment and a small portion of the people to provide for them.

That scare tactic in MA about if the sales tax decreased fire, police and teachers would be cut, guess what, Fire Teacher and Police salaries are paid by our property tax not sales tax. People who are voting don't even know what;s going on and what they are voting for.

[Jim in CT]

Originally Posted by likwid

Out of curiosity, can you post a link to this?



In terms of monetary savings, who benefited the most?

Likwid -

"Out of curiosity, can you post a link to this?"

Do it yourself if you'd like. I follow politics very closely, and I have heard that lie a million times.

"In terms of monetary savings, who benefited the most?"

So you're saying that absolute dollars, not percentages, are what matter? Please. If absolute dollars are what matters, who pays the most? The wealthy. If absolute dollars are what matter (and that's NOT what matters), the rich have an awful lot to complain about.