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The rich are paying higher income taxes because they have higher incomes but other taxes like payroll tax property tax and sales tax and exicise tax are proportionally payed most by the middle class and the working class so in tottal the rich are paying less tax than the middle class and the working class.
During the Bush era, 86% of all federal income taxes were paid by the top 25% of income earners, up from 84% in 2000.
The top 50% paid 97% of all income taxes.
The top 1% of wager earners paid 37% of income taxes, up 2% from 2000.
Does anybody remember the clip of Clinton walking from the parking lot to his friends funeral?
He was laughing up a storm until he saw a camera on him, he then put his hand to his face and pretended he was wiping away tears!
Good old Clinton, so glad he is gone.
Can't remember if that was before or after he made the deal to send all of our jobs to China.
Say what you will about his morals and personal life. But we were MUCH better off when he was in charge of our country. Bush with his simultaneous increased spending with tax cuts for the rich drove us into the toilet. But it's OK. We can blame it all on the black guy in office. Then again he hasn't done anything to pull us out of Bush's crapper.
No one has the backbone anymore to take on corporate America and bring this country back to where it was. And that's sad.
Say what you will about his morals and personal life. But we were MUCH better off when he was in charge of our country. Bush with his simultaneous increased spending with tax cuts for the rich drove us into the toilet. But it's OK. We can blame it all on the black guy in office. Then again he hasn't done anything to pull us out of Bush's crapper.
No one has the backbone anymore to take on corporate America and bring this country back to where it was. And that's sad.
Tax cuts and increased spending are two separate things. Tax cuts do not cause "increased" spending, nor do they cause a deficit.
It was a memorial speech since the man has been dead almost 40 years.
No ****?
I didn't know that!
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