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Reports: Bush tax cuts help rich
Congressional Budget Office says tax burden fell for those making $1M, increased for lower levels.
August 13, 2004: 7:22 AM EDT
NEW YORK (Reuters) - President George W. Bush's tax cuts have transferred the federal tax burden from the richest Americans to middle-class families, with one-third of the cuts benefiting people with the top 1 percent of income, according to a government report cited in newspapers Friday.
The Congressional Budget Office report, to be released Friday, is likely to fuel the debate over the cuts between Bush and his Democratic challenger in November, Sen. John Kerry.
The report said the top 1 percent, with incomes averaging $1.2 million per year, will receive an average $78,460 tax cut this year, and have seen their share of the total tax burden fall roughly 2 percentage points to 20.1 percent, according to The New York Times.
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Damn reason your starting to sound like pinhead. I don't see anywhere in my post where I stated that I believe everything or anything in the movie. I just posted the link because it's funny.
<font size="2" face="Verdana, Helvetica, sans-serif">But it wasn't funny; it was stoopid. Or is it funny because it's stoopid?Quote:
Originally posted by travelinman:
Damn reason your starting to sound like pinhead. I don't see anywhere in my post where I stated that I believe everything or anything in the movie. I just posted the link because it's funny.
It's funny because it's stupid
<font size="2" face="Verdana, Helvetica, sans-serif">Well, in trav's case it's one in the same.Quote:
Originally posted by reason:
Or is it funny because it's stoopid?
<font size="2" face="Verdana, Helvetica, sans-serif">Well, in trav's case it's one in the same.</font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">And you know this how?Quote:
Originally posted by Pi?a:
</font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by reason:
Or is it funny because it's stoopid?
<font size="2" face="Verdana, Helvetica, sans-serif">Campaign slogan: Tax breaks for tax dodgers!Quote:
You know who the--the rich in America happen to be the small business owners. That's what that means. Just remember, when you're talking about, oh, we're just going to run up the taxes on a certain number of people -- first of all, real rich people figure out how to dodge taxes.
( Laughter.)
- President Bush
<font size="2" face="Verdana, Helvetica, sans-serif">Well, in trav's case it's one in the same.</font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">And you know this how?</font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">The reference was to you. I know it because I read your posts and more often than not chuckle at your stupidity. See trav = stoopid and funny. Two - two - two - morons in one.Quote:
Originally posted by travelinman:
</font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by Pi?a:
</font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by reason:
Or is it funny because it's stoopid?
<font size="2" face="Verdana, Helvetica, sans-serif">Absolutely surreal. I heard exerpts of his speech and he actually was saying 'why tax the rich they cheat anyway.'Quote:
Originally posted by LanDroid:
Campaign slogan: Tax breaks for tax dodgers!
And the people he was telling were going to have to take up the slack actually cheered him for it!
WTF!?!