Why do libs say the tax cuts were for the rich when all tax rates went down?

Question

The highest marginal rate went down the least. EVERY tax payer benefited.

Even for the rich who pay lower percentages, they are still paying considerably more dollars then lower income people.

Answer 1

Because the rate of the cut was the same for all taxpayers.
Example: 10% of $1,000,000 = $100,000.00
10% of $40,000 = $4000.00
By doing that, the graduality of the federal income tax was eliminated (in the amount referred).

Answer 2

The cuts were not proportional.. And MOST lower class people did not notice any change.. pennies maybe..

While the upper class saw cuts in the tens of thousands..

Minor difference..

The reason the 1 % pays 70% of the taxes, is that 1 % has 90% of the wealth and income in this country.

They get their income, by underpaying the rest of the 99 % of the population, by outsourcing jobs, cutting benefits, and eliminating job security.

America, has one of the LARGEST income gaps in the world.

Answer 3

The major beneficiaries of Bush’s tax cuts are the wealthiest Americans. For instance, families earning more than 1 million a year saw their federal tax rates drop more steeply than for any other group. The incomes of people in that group also rose much more rapidly than for others. The benefits from the Bush tax cuts have been heavily skewed in favor of the very wealthy.

The tax burden has been shifted to the middle class along with increased state and local taxes. Also, work is being taxed at a higher rate than investment. The richest individuals obtain their incomes through investment and not through salaries.

Answer 4

General public benifits when the minimum tax paying limit is raised. Reducing tax rates benifits all tax payers and there ratio with respect to non tax payers is quite low so for a political class to make such a statement it becomes easy.

Answer 5

because they dont get it. the tax bracket for the rich is higher than the tax bracket for middle class.
Because they think that its not enough that rich people pay more money in taxes than than middle class and lower class do they want it to also be a smaller percentage of their income.
Well the only way to accomplish that is to change to tax code.. and ya know who does that... not the President dummies ... so you can whine about the Bush tax plan even though it saved you money ( and if you pay any taxes at all it did save you money and thats fact ) but if you dont like the system complain about the area in which it needs to be fixed.

Answer 6

The highest marginal rate didn't go down the least. It went down from 39.5% to 35%. Compare that with the 36% going to 33%, 31% to 29% and 28% to 25%.

Answer 7

Bush never does anything for the 'little guy'! I can't even spell $80,000 a year! I'm trying to live on under $15,000 a year! And I can barely make it! And those tax cuts were for the wealthy! Do you honestly think he is not going to use his power as president to 'help' out his paying and supporting buddies!
He ain't too smart. but he does know where his contributors are!

Answer 8

no no, we don't say that the tax cuts were just for the rich.. we say the rich pay a much smaller % of their annual income than the middle class do.. and is that really fair that they pay a SMALLER % just because they make more money? at the very least it should be even. The only people I can logic out a reason for a smaller % are the poor because every penny is much more valuable to them.


Edit: That's the point.. You are looking at the dollar amount, we are looking at the %. While yes, they pay more money.. they have more to pay. All most of us are saying is make it a fair %.

Answer 9

The 2% wealthiest in America haven't paid taxes under George H. Scherff, Jr (GHWB - Nazi Spy), his idiot son, or Ronald McDonald Reagan?

Of course you are aware that taxing wages is illegal and that the corrupt Nazis-Zionists-Illuminati-NWO have utilized our taxes to privitize government (Communism) to the cost of $80 trillion plus in the CAFR scam by Jew bankers.

CAFRs: The BIGGEST Secret - $60 Trillion Invested By Fed, State, & Local
Governments!
http://www.rense.com/general2/bigsecret.htm

CAFRs And Pending US 'Economic Collapse'
http://www.rense.com/general74/cafrss.htm

Federal Debt up $26 TRILLION Since Dubya Took Office !!!
http://benfrank.net/patriots/lootingamerica

25 Trillion Diverted to India by Bush Sr.
http://www.arcticbeacon.com/

Answer 10

Hmmmm, enable's look at this for a minute. a million. A tax decrease "expires". (It by no skill could have been non everlasting.) 2. Taxes exchange into bigger returned. 3. particular feels like a tax advance to me.