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Article #262Re: By the numbers: Who Wins, Who Loses
From: The Real Bev
Date: Sat, 28 Oct 2006 02:40
Date: Sat, 28 Oct 2006 02:40
31 lines
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2514 bytes
MJ wrote: > Larry Bud wrote: > >>> BUSH�S TAX CUTS GIVE a 2-child family earning $1 million an extra >>> $86,722�or Harvard tuition, room, board, and an iMac G5 for both kids. >>> >>> A 2-CHILD family earning $50,000 gets $2,050�or 1/5 the cost of public >>> college for one kid. >> >> Obviously those who pay the majority of the taxes get the majority of >> the benefit. If you pay zero in taxes, a tax cut won't affect you. >> >> The top 1% pay 36.89% of the taxes. The top 50% pay 96.7% of the >> taxes. Half of this country is living off the backs of the other half. >> >> See row 170: >> http://www.irs.gov/pub/irs-soi/04in05tr.xls > > This is pure fiction. > > Firstly, there is hardly none that pay NO taxes. None at all if you consider Social Security a tax paid by people who follow the rules. A legal self-employed handyman making less than $10K/year contributes 16% of his salary to SS and has no medical, state disability or workers' compensation coverage at all. -- Cheers, Bev =================================== New sig on order, watch this space.
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