Income Tax Cuts Benefit ALL payers
This won't come as a surprise to fiscal conservatives such as myself but the fact that USA Today (hardly a card-carrying member of the Vast Right-Wing Conspiracy) has an article on this SHOULD surprise you. On top of that, they're doing it within a month or so of the elections!! Don't they know that this kind of stuff can only harm the Demowhats who keep whining about "tax cuts for the rich" ? It's true. Not only does it show that people in higher brackets are paying a higher PERCENTAGE of taxes than before, but now people making $25,000 or less aren't even PAYING taxes now, thanks to President Bush's cuts back in 2001. And it looks like corporations are paying "their fair share" too, as the U.S. Treasury set a new one-day tax receipt record of $85.8 Billion. The really interesting thing about the latter news is that it was NOWHERE to be found (via Google) on any of the MSM websites. Doesn't that strike anyone as odd ? Bush cuts taxes, taxes flow in like crazy and yet the only thing the MSM says is the usual Democrat talking points of "tax cuts for the rich". But don't ever accuse them of being partisan though. |