Off topic by a mile
#1
02-16-2001 | 07:34 PM
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From: Bellevue, WA
Off topic by a mile
But redlight has a point...
Bush's tax cut helps people in 80K-150K a year otherwise its roughly a 3% cut.
The thing is the 80% percentile (20% of people make more than this) is around 100,000K.
Those 20% pay almost 80% of the taxes. It is almost impossible to give a tax cut with a large amount of money back (a 1% cut doesn't sound like much) WITHOUT helping the rich/wealthy.
Think of it as an economy size discount on your taxes.
Coldie (whose taxes could pay for a new Lightning every couple of months <sigh> )
Bush's tax cut helps people in 80K-150K a year otherwise its roughly a 3% cut.
The thing is the 80% percentile (20% of people make more than this) is around 100,000K.
Those 20% pay almost 80% of the taxes. It is almost impossible to give a tax cut with a large amount of money back (a 1% cut doesn't sound like much) WITHOUT helping the rich/wealthy.
Think of it as an economy size discount on your taxes.
Coldie (whose taxes could pay for a new Lightning every couple of months <sigh> )
