I am sick and tired of the endless babbling of liberal politicians and newscasters about the so-called "Bush tax cuts for the wealthy".
Fact 1: Bush proposed an across the board REDUCTION in tax rates - a tax rate reduction for everyone who paid income taxes.
Fact 2: The House of Representatives and the Senate then introduced and passed legislation to reduce tax rates across the board. Bush then signed the legislation and it became law.
Fact 3: The tax rate reductions of 2001 rightfully belong to every Representative and Senator who voted for them. They may have been Bush's idea but Congress had to pass the legislation.
you can compare the tax rates for 2000 and 2012. Note that the bottom rate went from 15% to 10%. Yes, yes, I know that the amount subject to the first 10% in 2012 is lower than the amount subject to the first 15% in 2000 but wouldn't you rather pay 10% on at the first $8,000.00 instead of 15%?
you can see where you rank as a taxpayer. You'll also see that there is no "99%" so widely proclaimed by the morons calling themselves "Occupy Wall Street". Are you in the Top 50% of taxpayers? In the Top 25%? In the Top 15%?
I know that liberals will refuse to accept these actual facts because 99.9% of the time facts disprove and discredit liberal beliefs - beliefs based on rhetoric, fantasy and lies.