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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: geode00 who wrote (18725)	8/13/2004 4:13:47 PM
From: Ron	Read Replies (2) \| Respond to of 173976

Tax Burden Grows Heavier For Middle Class August 13, 2004 WASHINGTON -- President George W. Bush's tax cuts since 2001 have shifted more of the tax burden from the nation's rich to middle-class families, according to a study released Friday by the Congressional Budget Office. The tax rate declined across all income levels -- but more so in the top brackets, the report said. People in the top 20 percent of incomes, averaging $182,700 a year, saw their share of federal taxes decline from 65.3 percent of total payments in 2001 to 63.5 percent this year, according to the study by congressional budget analysts. In contrast, middle-class taxpayers -- with incomes ranging from $51,500 to $75,600 -- bear a greater tax burden. Those making an average of $75,600 had the biggest jump in their share of taxes, from 18.5 percent of all payments in 2001 to 19.5 percent this year. -------------- Blue collar and middle class folks and veterans voting for Bush are like the chickens casting a vote for Colonel Sanders. amazon.com