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dda · 7 Feb 2008, 01:08

People are always talking about tax cuts for the rich. However, in the United States, during the Bush administration and under the "tax breaks for the rich" the percentage of the overall taxes being paid by the wealthiest has risen, not dropped.

In tax year 2001, the top 1% of American tax payers paid 33.89% of all taxes while the poorest 50% of tax payers paid 3.97% of the taxes.

In tax year 2005. tje top 1% of taxpayers paid 39.38% of all taxes and the poorest paid 3.07% of tj\he taxes.

7 Feb 2008, 01:08	#33
dda USS Oklahoma Join Date: Jun 2005 Posts: 2,500	Re: What is a Liberal? People are always talking about tax cuts for the rich. However, in the United States, during the Bush administration and under the "tax breaks for the rich" the percentage of the overall taxes being paid by the wealthiest has risen, not dropped. In tax year 2001, the top 1% of American tax payers paid 33.89% of all taxes while the poorest 50% of tax payers paid 3.97% of the taxes. In tax year 2005. tje top 1% of taxpayers paid 39.38% of all taxes and the poorest paid 3.07% of tj\he taxes. __________________ Ignorance is curable, stupidity is not.