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Study: Tax Burden Shifts to Middle Class

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Re: Study: Tax Burden Shifts to Middle Class

In reply to: Study: Tax Burden Shifts to Middle Class

Both links work and thanks for the informative article

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Helloooooo

In reply to: Study: Tax Burden Shifts to Middle Class

The middle class pays the nation's taxes, and always has since the adoption of the income tax. There aren't enough rich people to do that job. That seems to be one of the dirty little secrets of the tax system.

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Re: Helloooooo

In reply to: Helloooooo

Hi, KP.

Nice distractor. Thepoint is that Bush's policies are furhter shifting the burden from those who won't miss the money to those who need it desparately. But that's what you expect, given the philosphical bent of Bush and his party. The real question is why so many in the middle class consistently vote against their own economic interests.

-- Dave K, Speakeasy Moderator
click here to email semods4@yahoo.com

The opinions expressed above are my own,
and do not necessarily reflect those of CNET!

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They don't. Our taxes have gone down just like

In reply to: Re: Helloooooo

everybody else's have. It's the Dems who want to raise middle class taxes. Why? As I said, that's where the money is. It's Democrat misinformation to claim that they want to reduce taxes for the middle class. The Dems are playing numbers games. Since the rich pay more in taxes, when there's an across the board cut in rates, the number of dollars they save is proportionately larger. The percentage saving to them is not larger. It's kind of insulting for you to think that I (we) do not know that.

As you intimated, nice try Dave, but hopefully everyone on the forum is well enough informed to know pure political propaganda when they see it. BTW, it appears that your definition of "middle class" is a bit strange. When did the middle class become 'those who need (money) desparately'?

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Re: They don't. Our taxes have gone down just like

In reply to: They don't. Our taxes have gone down just like

What's also interesting is that the "richest" 20% of earners are said to have an average income of $182.7K. Now what was that about how Kerry only wants to soak the "rich" that he defines as those with incomes OVER $200K? Sorry, but Kerry is (today, who knows tomorrow) claiming that $182.7K IS the middle class who's tax cuts he plans to protect.

More class warfare crap Sad

Evie Happy

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(NT) (NT) and he going to collect how much money?

In reply to: Re: They don't. Our taxes have gone down just like

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Looking a little closer ...

In reply to: Re: They don't. Our taxes have gone down just like

... here is the IRS Data for 2001

Top 1% pay 33.9% -- cutoff $ 292,913
Top 5% pay 53.3% -- cutoff $ 127,904
Top 10% pay 64.9% -- cutoff $ 92,754
Top 25% pay 82.9% -- cutoff $ 56,085
Top 50% pay 96.1% -- cutoff $ 28,528

It would seem that the red herring of the "top 20%" getting a bigger break eats solidly into the middle class. This data wasn't broken down that way but one can imagine it's probably a cutoff at around $70K. Even the top 5% doesn't come close to Kerry's definition of rich being over $200K

Evie Happy

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Re: They don't. Our taxes have gone down just like

In reply to: They don't. Our taxes have gone down just like

>>It's the Dems who want to raise middle class taxes. <<

KP, that's a misrepresentation at best. Kerry's tax plan calls for rolling back the tax cuts for those making more than 200k (that's about the top 4% of the opulation -- hardly "the middle class") while further cutting them for the middle class (I frankly don't know the exact breakpoint for the cuts, but that's what he's said time and time again, including in his acceptance speech). I realize it's tough when the facts don't support your position, but...

-- Dave K, Speakeasy Moderator
click here to email semods4@yahoo.com

The opinions expressed above are my own,
and do not necessarily reflect those of CNET!

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(NT) (NT) Yep. Must be tough

In reply to: Re: They don't. Our taxes have gone down just like

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