Especially how the Bush tax cuts affected from the filthy rich down to families.
Yes, the rich got the cuts to, but so did families.
It works like this. Big and small business get the tax cuts, making room for more investment and hiring into the business creating jobs.
If I owned a company, and taxes were increased, I would lay people off to, and so would any business smart liberal.
The tax cuts also affected individual families with across the board decreases. I'm paying around 15% in FICA now where as I was paying around 19% under Clinton. Also, there is the child tax credits to take into account.
Relish this. If the tax cuts aren't extended. An average family of four can expect their income tax bill to go up approximately $4000.00 a year. That of course would be higher or lower depending on their income.
2007-04-27
06:08:57
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16 answers
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asked by
scottdman2003
5
in
Politics