I know we've talked about this before, but just in case your friends don't understand, let's look again. Do any of you make LESS than $30,000 per year? Maybe some of you make more than $125,000 per year, but you probably don't consider yourself super-rich, right? The "Bush tax-cuts" benefit not just the very wealthy, although the general public seems to think that. Most middle-income people fall between this $30,000 and $60,000 annual salary; even most couples don't pass the $125,000 mark. Everybody is feeling the financial crunch now, and many think if we would just repeal the tax-cuts & make the super rich pay more, then we'd be better off, right? Are you super-rich? Look how your taxes are affected if the Democrats get back in & repeal the Bush tax-cuts: This is interesting. Just compare the taxes.
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 screwing 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.