After watching 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 that he has 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".
Based on using the actual tax tables (see
link below), here are some examples on what the taxes were/are on various
amounts of income for both singles and married couples. so let's see if the Bush
tax cuts only helped the rich.
https://www.taxfoundation.org/publications/show/151.html
Taxes under Clinton
1999 Taxes
under Bush 2008
Single making 30K - tax
$8,400 Single
making 30K - tax $4,500
Single making 50K - tax
$14,000 Single
making 50K - tax $12,500
Single making 75K - tax
$23,250 Single
making 75K - tax $18,750
Married making 60K - tax
$16,800 Married
making 60K - tax $9,000
Married making 75K - tax
$21,000 Married
making 75K - tax $18,750
Married making 125K - tax
$38,750 Married
making 125K - tax $31,250
If you
want to really
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, ANY of
them say they
will repeal the Bush tax cuts and a good
portion of the people that fall into the categories above 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.
Now this
is effective (maybe not honest) marketing.
Maybe a better
word is brain
washing.