Tax Cuts..dont be Fooled

[shrp88lx's]

Campaigning in Oregon on Friday, Kerry attacked the Bush administration over tax cuts, claiming that the rich have benefited over the middle class under George Bush. The Kerry campaign is revisiting the issue because the Congressional Budget Office released numbers Friday that showed the top 1 percent of income earners got a bigger tax cut than the middle class. That's right, and that is exactly as it should be. The reason? Well ... could it possibly be that the rich got a bigger tax cut because they pay most of the taxes? In fact, the top 1 percent pay nearly 40 percent of all income taxes. The top 50 percent pay almost all of the taxes (96%.) So it stands to reason that if you cut taxes at all, people who pay taxes are going to benefit. This doesn't help Democrats like John Kerry get votes, so they decide to take the class warfare route. The evil rich benefited from George Bush's tax cut! The fact of the matter is that poor people don't really pay taxes. Once you factor in the taxpayer rip-off scam called the earned income credit, not only do a lot of people not pay taxes, but they actually get more back than they paid in!

Also, one thing about this "bigger tax cut" nonsense. Take a person making $30,000 a year. If you cut his taxes 10% (dream on,) he'll save $3,000 a year. Now take someone making $300,000 a year (an evil rich person who stole it all from the poor) and give them the same 10% tax cut. He's going to save $30,000 a year. Whose tax cut is bigger? If you ask the Democrats and the anti-capitalist, Bush-hating liberal media, it's the rich guy. Why his tax cut is ten times the size of the middle class person!

Wrong...their tax cut is the same, 10%. None of this really matters, of course, because people who were educated in government schools will never figure it out, and class warfare is a big vote-getter for the left.

[AL P]

Also remember that "rich" is something that is not defined by these Democratic idiots. Go over and read statistics at the IRS website, if you make over $40,000 a year, you are pretty much "rich".....

[Slncoupe]

I support Kerry and his approach on tax cuts. What it comes down to is that $3000 to a middle class family is a lot of money. That money could be the difference between buying gas, childcare, insurance, or medications. To a wealthy family, their $30,000 in taxes won't put their lifestyle off. I'm sure they can still manage to get by with $270,000. True, Kerry's proposed tax cuts don't cater to the top 1% of the American population, but they do help the people that really need it. Why people cannot take this into perspective is beyond me.

A president who cuts taxes during a war leaves a tax burden that will be paid by our children for years to come.

It is also worth noting that efforts to cut benefits to low income people are rarely, if ever, characterized as class warfare.

[shrp88lx's]

I support Kerry and his approach on tax cuts. What it comes down to is that $3000 to a middle class family is a lot of money. That money could be the difference between buying gas, childcare, insurance, or medications. To a wealthy family, their $30,000 in taxes won't put their lifestyle off. I'm sure they can still manage to get by with $270,000. True, Kerry's proposed tax cuts don't cater to the top 1% of the American population, but they do help the people that really need it. Why people cannot take this into perspective is beyond me.

A president who cuts taxes during a war leaves a tax burden that will be paid by our children for years to come.

It is also worth noting that efforts to cut benefits to low income people are rarely, if ever, characterized as class warfare.
Cutting Taxes has RAISED the governments income not decreased it. So what burden are you talking about?

2nd Perspective, why do you think that just because someone has made money they DESERVE to be taxed more??? Who decides what is enough for someone? This is a free country where ANYONE can become rich, to say they can pay more simply because they have more isnt fair. Once you start down that path where do stop?

[AL P]

I support Kerry and his approach on tax cuts. What it comes down to is that $3000 to a middle class family is a lot of money. That money could be the difference between buying gas, childcare, insurance, or medications. To a wealthy family, their $30,000 in taxes won't put their lifestyle off. I'm sure they can still manage to get by with $270,000. True, Kerry's proposed tax cuts don't cater to the top 1% of the American population, but they do help the people that really need it. Why people cannot take this into perspective is beyond me.

A president who cuts taxes during a war leaves a tax burden that will be paid by our children for years to come.

It is also worth noting that efforts to cut benefits to low income people are rarely, if ever, characterized as class warfare.

A tax cut for the middle and lower classes does very little to spur the economy. Those people do very little to encourage economic growth. Consumer spending is not going to do anything to generate new employment.