I got this E-mail the other day
Enlightening Information from an ex-IRS employee.
After watching a focus group of democrats that watched the democratic debate the other day in Vegas, I needed to comment.
For the most part, all of them bashed Bush over and over again on how he is out for his millionaire friends and the big oil
companies and he has totally forgotten or disregarded the little guy. So being an ex-IRS employee, I decided to look back on
the tax tables to see if there is any truth to what they said and the media keeps stating as fact, “Bush is only out for the rich in
this country.
Based on using the actual tax tables (see link below), here are some examples on what the taxes were/are on various amounts
of income for both singles and married couples… so let’s see if the Bush tax cuts only helped the rich.
http://www.taxfoundation.org/publications/show/151.html BE SURE TO CLICK HERE AND GET MORE INFORMATION!! Mo
Taxes under Clinton 1999 /// Taxes under Bush 2008
Single making 30K – tax $8,400 /// Single making 30K – tax $4,500
Single making 50K – tax $14,000 /// Single making 50K – tax $12,500
Single making 75K – tax $23,250 /// Single making 75K – tax $18,750
Married making 60K – tax $16,800 /// Married making 60K – tax $9,000
Married making 75K – tax $21,000 /// Married making 75K – tax $18,750
Married making 125K – tax $38,750 /// Married making 125K – tax $31,250
If you want to know just how effective the mainstream media is, it is amazing how many people that fall into the categories above
think Bush is hurting them and Bill Clinton was the greatest President ever. If any democrat is elected, all of them say they will
repeal the Bush tax cuts and a good portion of the people that fall into the categories above can’t wait for it to happen. This is
like the movie the Sting with Paul Newman, you scam somebody out of some money and they don’t even know what happened.
Now this is effective (maybe not honest) marketing or maybe a better description might be brain washing.
Seems to me for all the talk of tax cuts for the rich that the savings is getting smaller as income rises