01-11-2009, 10:37 PM
Quote:I would start with The Bush Tax Cuts explained which is erroneously attributed to David R. Kamerschen, or to T. Davies. The allegory is still useful to analyze. While the wealthy did experience tax cuts, the heaviest cuts to rates were in the middle, while the lowest 2/5 of wage earners pay zero already and with earned income tax credits on their tax returns actually get more back than they paid. Be sure to read through some of the animated and useful commentary below it.
Now I'm feeling kind of ripped off. I am for sure in the lowest 40% of households, and I still have to pay all kinds of taxes! I need to start makin babies or somethin. :ph34r: