For those of you who Say Bush cuts taxes?
Why then is he proposing to punish me in the State of the Union tonight. I am going to be punished in that I am going to have higher taxes because I get my insurance from my employer. Is that really fair? So much for considerations of the middle class.
- bereal1Lv 61 decade agoFavorite Answer
Sounds more like a Democrat so why are you complaining.....
Because Of The 2001, 2003, And 2004 Tax Cuts, This Year:
111 Million American Taxpayers Will Save An Average Of $1,877;
A Family Of Four Making $40,000 Will Save $2,010;
More Than 5 Million Individuals And Families Will Have Their Income Tax Liabilities Totally Eliminated;
44 Million Families With Children Will Save An Average Of $2,493;
14 Million Elderly Individuals Will Save An Average Of $2,043;
25 Million Small Business Owners Will Save An Average Of $3,641. (U.S. Department Of The Treasury Website, www.treasury.gov, Accessed 4/12/06)
Taxes after Democratic take over..."[Rangel] Said He 'Cannot Think Of One' Of President George W. Bush's First-Term Tax Cuts That Merit Renewal." (Ryan J. Donmoyer, "Rangel Vows Bipartisanship, Action On Trade As House Panel Head, Bloomberg, 9/20/06)
Many of you are well enough off that ... the tax cuts may have helped you," Clinton said, according to the Associated Press. "We're saying that for America to get back on track, we're probably going to cut that short and not give it to you. We're going to take things away from you on behalf of the common good"
Failing To Extend The Tax Cuts Would Result In A Nearly $2.4 Trillion Tax Increase On American Taxpayers. (Office Of The Press Secretary, The White House, "Growing Our Economy: Keeping Taxes Low And Restraining Spending," Press Release, 5/3/06)
115 Million Taxpayers Would Pay An Average Of $1,716 More A Year;
84 Million Women Would Face An Average Increase Of $1,970 A Year;
48 Million Married Couples Would Pay An Average Of $2,726 More A Year;
42 Million Families With Children Would Face An Average Increase Of $2,084 A Year;
A Family Of Four Earning $50,000 Today Would Owe An Additional $2,092 A Year - A 132 Percent Increase In Their Tax Bill;
A Family Of Four Earning $60,000 Today Would Owe An Additional $1,858 A Year - A 58 Percent Increase In Their Tax Bill;
12 Million Single Mothers Would Face An Average Increase Of $1,062 A Year;
17 Million Seniors Would Pay An Average Of $2,034 More A Year;
26 Million Small Businesses Would Owe An Average Of $3,637 More A Year;
5 Million Low-Income Individuals And Couples Would Again Be Subject To The Individual Income Tax. (U.S. Department Of Treasury, "Without Permanent Tax Relief, Millions Of Americans Will See Their Taxes Go Up By Billions Of Dollars In 2011," Fact Sheet)
- 1 decade ago
George Bush DOES cut taxes, but only for people who are well beyond your tax bracket or mine (billionaires, realy).
It's his way of stimulating the economy.
I hate Paul Begala, but he wrote an interesting book about the subject - "It's Still The Economy Stupid".
Check it out. You'll laugh so hard, you'll cry.
- 1 decade ago
well he did cut taxes! FOR THE TOP 2%.