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Wednesday, April 9, 2008

Taxes

The media has done a good job of convincing many that Bush has done such a terrible job. Check your tax bill before you criticize!!!

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.
http://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 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, ALL of them say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above .

I 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.

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