I heard Obama-Llama on the radio talking about the tax cuts that "only benefitted the wealthy". Since we have to check up on everything Hillary says, I suspicioned that maybe we need to check up on Barry as well - after all, they are both liberals.
Sooo, I googled the 1998 tax tables so I could compare pre-tax cut with the post-tax cut tax tables of today. Looking at " married filing jointly", because that's what most of us are, here is what I found;
Taxable Income 1998 Taxes 2007 Taxes
$5000 $754 $503
$10,000 $1504 $1003
$15,000 $2254 $1503
$20,000 $3004 $2221
$30,000 $4504 $3721
$40,000 $6004 $5221
$50,000 $8502 $6721
$99,000 $22,222 $17,604
The FACTS show that the tax cut that supposedly "only benefitted the wealthy" cut the taxes of the lowest brackets by 33%! How can you cut a group's tax rate by 1/3 but not give them any benefit from it? Making comments like this is where he gets his "integrity"? :shock: :lol: :lol: :lol: :roll: