Monday, March 03, 2008

 

The Truth on Taxes

Will the two remaining candidates for the Democratic nomination for president please shut up about the evil tax structure that punishes the average man and let's the rich off easy. Looking at the tax structure for the years 2000 and 2007, you will see that the rates dropped for everyone, but that the richest folks will pay 35% of their income to the Federal government (this does not include what they may owe in their own states). This is a drop of 4.6 % from the year 2000.

If you compare what I made last year and adjust it for inflation and compare it to 2000, my tax rate has dropped 3% from 28% to 25%. Looking at the links in the previous paragraph, you will see that all Americans have benefited contrary to what Billary and Obamarama keep claiming.

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