Why do people have the impression that the Democrats give lower taxes to the poor and middle class, while the Republicans raise their taxes and give tax cuts to the rich?
It isn't true, check out this website if you don't believe me
http://www.moneychimp.com/features/tax_brackets.htm
I will compare some tax rates from 2000 and 2007 for various incomes, these are real numbers not guesses or anything else.
$10,000-
2000-$1,500 or 15% of income
2007-$1,109 or 11.1% of income
$30,000-
2000-$4,988 or 16.% of income
2007-$4,109 or 13.7% of income
$40,000-
2000-$7,788 or 25.9% of income
2007-$6424 or 16.1% of income
$100,000-
2000-$25,681 or 25.7% of income
2007-$22,111 or 22.1% of income
As you can see, with all the incomes even the poor and middle class the taxes paid in 2007 are less than in 2000. And why does the person making $100,000 pay 0.2% less in 2000 than the person making $40,000? I thought Clinton and the democrats wanted to help the middle class?
2007-08-09
02:36:53
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7 answers
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asked by
Anonymous
in
Other - Politics & Government