If you earned less than $100,000 your share of the tax cut was $158.61.

If you earned less than $100,000 your share of the tax cut was $158.61 on Average.

 

If you earned more than $100,000, your share of the tax cut was $4,754.57 on Average.

 

So if you earn over $100,000 a year, you should vote republican.

 

If you are earning less than $100,000 a year and vote Republican, you should ask yourself WHY? For $158.61? The increase in gas wiped that out in a week.

 

If you do not believe me, do the math yourself. Here are my calculations...

 

I am going to break this down for everyone based on the ADMINISTRATIONS numbers....

 

In 2003 the Administration said there were 92 million tax payers who on 'average' would receive $1083 each. This does not mean each of the 92 million GOT $1083, it just meant that if you took the entire tax cut and divided it by the number of tax payers it comes to $1083.

 

The reality is this.

 

The total tax cut in 2003 was $99,636,000,000.

 

$87,978,588,000 goes to people making over $100,000 a year.

 

If you make over $100,000 a year, the 'average' tax cut you received was $4,754.57

 

18,504,000 received this on average.

 

The rest of America, the lower middle class and the working poor received what was left. That is $11,657,412,000 to be divided between the remaining 73,496,000 Tax payers.

 

So if you made less than $100,000 you received on Average a tax cut of $158.61.

 

So you tell me, who HONESTLY benefited from the Bush Tax cuts?

 

http://www.whitehouse.gov/news/releases/2003/04/20030415-4.html

 

According to theTax Policy Institute:

45.8% of the benefits from a reduction in capital gains and dividends went to people with incomes over $1 million.  There were 284,000 taxpayers in this income group.  This is .19% of all taxpayers.

 

An additional 10.8% of the benefits went to people with incomes between $500,000 and $1 million.  There were 593,000 taxpayers in this income group.  This is .40% of all taxpayers.

 

17.4% of the benefits went to people with incomes between $200,000 and $500,000. There were 3,588,000 taxpayers in this income group. This is 2.46% of all taxpayers.

 

14.3% of the benefits went to people with incomes of $100,000 to $200,000.  There were 14,039,000 taxpayers in this income group.  

This is 9.66% of all taxpayers.

In other words --

88.3% of the total benefits from Bush tax cuts went to people with incomes over $100,000.  In addition, the total number of taxpayers who got a vast majority of the benefits represent only 12.71% of all taxpayers.

 

If people only knew the facts, they would not be fighting for the 'RIGHT' to be screwed over.

Nixon 1973:  "I am not a crook!"
Clinton 1998 wagging finger: "I did not have sex with that woman!"
Bush 2005 wagging finger:  "I did nothing illegal!" + $1,899,522,392,147 Social Security Trust Fund. – $8,367,894,586,992 The Gross National Debt $3,231,274,298,946.38 in foreign oil

Time will tell all the Truth.
VT

Sean Lewis/VirtualTruth/VT
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