[Coach_Owens87]

Excellent post, and a great illustration of how the tax cuts have helped the middle class.

I still don't see how someone can see these statistics and say that the tax cuts have placed more of a tax burden on the lower and middle classes. Are they even looking at the numbers? Probably not, just too busy thinking about some other wasteful government program that they can use to justify taking away more of my money. If they want to pay higher taxes, let them go ahead, but they need to get their hands out of my pocket.

And yes, of course the tax cuts helped the rich, an across-the-board cut helps everybody. No one is saying it didn't help them. But to say it didn't help the middle class is being biased and partisan.

They see it because we had to BORROW money to initiate these cuts, which has made the national deficit increase dramatically, and eventually we will have to pay it back, and the biggest burden of that will be on the lower and middle income levels in this country.

A congressional study discovered that the bush tax cuts did in fact favor the wealthy.

Here is a small excerpt from a report on that study.

President Bush's tax cuts since 2001 have shifted more of the tax burden from the nation's rich to middle-class families, according to a study released Friday by the Congressional Budget Office.

The tax rate declined across all income levels — but more so in the top brackets, the report said.

The study found that the effective tax rate for the top 1 percent of taxpayers dropped from 33 percent in 2001 to 26.7 percent this year, a decline of 19 percent. The middle 20 percent of taxpayers saw a decline of 4 percent.

The study, requested by congressional Democrats in May, quickly provided fodder for the presidential campaign over the fairness of more than $1 trillion in tax cuts Mr. Bush has pushed through Congress since taking office.

People in the top 20 percent of incomes, averaging $182,700 a year, saw their share of federal taxes decline from 65.3 percent of total payments in 2001 to 63.5 percent this year, according to the study by congressional budget analysts.

In contrast, middle-class taxpayers — with incomes ranging from $51,500 to $75,600 — bear a greater tax burden. Those making an average of $75,600 had the biggest jump in their share of taxes, from 18.5 percent of all payments in 2001 to 19.5 percent this year.

The tax cuts don't work, they haven't helped the economy, but yet McCain wants to make them permanent. IS that really what we need during a recession? Economists warned us when the cuts where passed, and they're telling us now that they don't work, yet McCain is too stubborn, or dumb to see it. And democrats are closed minded?


Its like I said that lower income classes are now bearing more of the burden, I NEVER said the tax cuts only decreased taxes on the rich, I just stated that they placed a greater, and unfair burden on the lower incomes.


Thats why I keep saying McCain will just be more of the same, just spit out crap about cutting taxes, while your destroy the environment, our economy, and the respect for our nation around the world.