Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

So this proves REPUBLICANS RAISE YOUR TAXES NOT DEMOCRATS

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
noahmijo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-05 09:01 PM
Original message
So this proves REPUBLICANS RAISE YOUR TAXES NOT DEMOCRATS
Report Says Bush's Tax Cuts Will Cause Some to Pay More

ver 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
Printer Friendly | Permalink |  | Top
Bernardo de La Paz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-05 09:20 PM
Response to Original message
1. Cargo Cult Republicans keep hoping some prosperity will trickle down.
Printer Friendly | Permalink |  | Top
 
stepnw1f Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-05 09:30 PM
Response to Original message
2. The Debt Republican Administrations Place On America is a Tax
I guess some just can't figure that out.
Printer Friendly | Permalink |  | Top
 
PowerToThePeople Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-05 09:32 PM
Response to Original message
3. They also raised my unborn grankid's taxes while...
while triing to 86 the inheritance tax so their grandkids can be born into the Oligarchy.
Printer Friendly | Permalink |  | Top
 
VPStoltz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-05 10:39 PM
Response to Original message
4. And you know these people are not the ones at the top.
This whole thing was calculated to get more out of the middle class and let the top slide.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 23rd 2024, 03:46 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC