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

Quote from Free Thinker:

have you no shame? just pull things out of your ass? the bush tax cuts gave middle income people like $400 a year and the top end hundreds of thousands of reduction.
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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.....
 
Quote from Free Thinker:

if that is the case the question becomes where do you want your increased taxes to go? would you rather fund tax cuts for rich people and higher military spending(romney plan) or use it to pay for useful things and debt reduction in a balanced manner(obama).
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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.
 
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