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Politics : Foreign Affairs Discussion Group

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To: one_less who wrote (148708)	10/26/2004 3:20:26 PM
From: Sun Tzu	Read Replies (2) of 281500

>> "But how many lies do I have to show to make him a liar? > one Ok, there are so many of them that the biggest problem is choosing which one. Here is a simple little one for you. During his final debate with John Kerry, Bush said, "Most of the tax cuts went to low- and middle-income Americans". Now if you go to Tax Policy Center, a nonpartisan org, you'll see taxpolicycenter.org That clearly shows Bush lied. Accordingly (see factcheck.org, most of the tax cuts -- 53% to be exact -- went to the highest -earning 10% of US individuals and families. Those most affluent Americans got an average tax cut of $7,661. The "low- and middle-income Americans" Bush mentioned -- the bottom 60% of individuals and families got only 13.7% of the tax cuts, according to the Tax Policy Center. EDIT Bush Tax Cuts: The Burden Decreased for All Groups (More for some than others) Total Effective Federal Tax Rate 2004 Rates Change Due to Bush Cuts Lowest 20% 5.2% -1.5% Second 20% 11.1% -2.1% Middle 20% 14.6% -1.9% Fourth 20% 18.5% -2.1% Top 20% 23.8% -3.9% Top 5% 25.6% -5.2% Top 1% 26.7% -6.8%

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