noahmijo
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Tue Sep-27-05 09:01 PM
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So this proves REPUBLICANS RAISE YOUR TAXES NOT DEMOCRATS |
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Report Says Bush's Tax Cuts Will Cause Some to Pay Morever the next 10 years, Americans will not receive nearly $750 billion in tax cuts sponsored by President Bush because the cuts will be offset by the alternative minimum tax, a new report by Congressional tax specialists shows.
The report, prepared by the staff of the Congressional Joint Committee on Taxation, said that from 2006 to 2015, Americans would pay as much as $1.1 trillion more under the alternative minimum tax, partly as a result of the Bush tax cuts.
The Bush tax cuts reduced the bill for millions of taxpayers to a level that will subject them to the alternative minimum tax instead of the standard tax rate. As a result, the report said, their tax savings would be reduced by a total of $739.2 billion over the 10 years.More here ~~~~> http://www.nytimes.com/2005/09/24/business/24tax.html
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Bernardo de La Paz
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Tue Sep-27-05 09:20 PM
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1. Cargo Cult Republicans keep hoping some prosperity will trickle down. |
stepnw1f
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Tue Sep-27-05 09:30 PM
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2. The Debt Republican Administrations Place On America is a Tax |
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I guess some just can't figure that out.
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PowerToThePeople
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Tue Sep-27-05 09:32 PM
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3. They also raised my unborn grankid's taxes while... |
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while triing to 86 the inheritance tax so their grandkids can be born into the Oligarchy.
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VPStoltz
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Tue Sep-27-05 10:39 PM
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4. And you know these people are not the ones at the top. |
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This whole thing was calculated to get more out of the middle class and let the top slide.
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DU
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Tue Apr 23rd 2024, 03:46 PM
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