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Politics : THE WHITE HOUSE

SPY 689.17

+0.2%

Dec 11 4:00 PM EST

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To: longnshort who wrote (8855)	9/19/2007 9:59:55 AM
From: John Carragher	Read Replies (1) of 25737

its no myth if you earn more you pay more tax. the taxes were cut at higher brackets and low income got little cut in return. the capital gains tax unlocked a lot of long term gains held up in stocks. its not myth that bush didn't cut tax rates... it is true these people incomes rose substantially. and if you earn more you contribute more to tax. the myth sounds like the blue collar worker who refuses overtime.. because he will be paying more in taxes..g

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