Bush-Era Tax Cuts For The Rich Do Little To Boost Economy, Job Market: Studies

Discussion in 'Politics' started by Free Thinker, Sep 25, 2012.

  1. Max E.

    Max E.

    Bush tax cuts:

    The "poor" got their taxes lowered from: 15% to 10%, a 33% lowering of taxes

    The "Rich" got their taxes lowered from: 39.6% to 35%, a 12% lowering of taxes


    80 billion of the 270 billion of tax cuts ended up in the hands of the rich, which equates to 29% of the tax cut yet the same 1% that you demonise pay 50% of the taxes, meaning they got screwed in terms of both cost, and real percentage.....

    Learn to do math jack ass.....
     
    #11     Sep 25, 2012
  2. Lucrum

    Lucrum

    1)If everyone's taxes go up then how is that funding tax cuts for the rich?

    2)More revenue, IF the higher rates don't crash the economy reducing revenues, will NOT be used by Odumbo to balance the budget. It will be squandered like much of the revenue the government already gets.
     
    #12     Sep 25, 2012
  3. Lucrum

    Lucrum

    die hard democraps don't do math, it interferes with their false perceptions
     
    #13     Sep 25, 2012