SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Srexley who wrote (356129)2/8/2003 1:09:51 AM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
Re: "What I learned (confirmed) is that the middle class doesn't pay squat to live in this great country. THEY DON'T NEED A TAX BREAK."

>>> Bull.

>>> The facts give the lie to your statement.

>>> In '99 (before the last two big tax cuts) the 'richest Americans' (defined as over $110 million in income that year) paid an effective average federal tax rate of 22% that year (down 1/3 because of the previous Clinton-signed tax cut)... while the median income grades paid an average effective tax rate of 14.1%.

>>> With the recent tax cuts, the middle class is likely paying a higher effective tax rate than the richest.

>>> The burden of America is borne on the backs of the middle class... who can avail themselves of few of the special loopholes inserted into the tax codes by our compliant, "best money can buy", Congress.

>>> Your fantasies are not true.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News