http://money.cnn.com/2008/06/11/news/economy/candidates_taxproposals_tpc/index.htm
CNN's analysis of income and taxes paid under the proposed plans by Obama and McCain. Look how much millionaires profit from McCain's plan. ------------ On Sep 9, 11:10 am, mark <[EMAIL PROTECTED]> wrote: > gee, you pay more in taxes, you get more back. duh > > On Sep 9, 1:21 pm, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote: > > > > > vt: > > > I am retired with a constant retirement income. > > > My Federal income tax bill has been about $2,000 less throughourt the > > Buhs years than during the Clinton years. > > > In addition, I have saved another $1,800 per year on my Medicare Drug > > Plan over what I was paying before the plan. > > > TOTAL BUSH SAVINGS = $3,600 PER YEAR. > > > On Sep 9, 11:51 am, VT Sean Lewis <[EMAIL PROTECTED]> wrote: > > > > If you earned less than $100,000 your Bush tax cut was $158.61. > > > McCain wants to make this Permanent. > > > > This SCREWS almost 90% of working Americans. > > > > I posted this in 2006, and I am posting it AGAIN > > > > by VirtualTruth > > > Thu Nov 02, 2006 at 10:52:22 AM > > > EDThttp://www.dailykos.com/story/2006/11/2/105222/901/213/265226http://g...... > > > > If you earned less than $100,000 your share of the tax cut was $158.61 > > > on Average. > > > > If you earned more than $100,000, your share of the tax cut was > > > $4,754.57 on Average. > > > > So if you earn over $100,000 a year, you should vote republican. > > > > If you are earning less than $100,000 a year and vote Republican, you > > > should ask yourself WHY? For $158.61? The increase in gas wiped that > > > out in a week. > > > > If you do not believe me, do the math yourself. Here are my > > > calculations... > > > > I am going to break this down for everyone based on the > > > ADMINISTRATIONS numbers.... > > > > In 2003 the Administration said there were 92 million tax payers who > > > on 'average' would receive $1083 each. This does not mean each of the > > > 92 million GOT $1083, it just meant that if you took the entire tax > > > cut and divided it by the number of tax payers it comes to $1083. > > > > The reality is this. > > > > The total tax cut in 2003 was $99,636,000,000. > > > > $87,978,588,000 goes to people making over $100,000 a year. > > > > If you make over $100,000 a year, the 'average' tax cut you received > > > was $4,754.57 > > > > 18,504,000 received this on average. > > > > The rest of America, the lower middle class and the working poor > > > received what was left. That is $11,657,412,000 to be divided between > > > the remaining 73,496,000 Tax payers. > > > > So if you made less than $100,000 you received on Average a tax cut of > > > $158.61. > > > > So you tell me, who HONESTLY benefited from the Bush Tax cuts? > > > >http://www.whitehouse.gov/news/releases/2003/04/20030415-4.html > > > > According to theTax Policy Institute: > > > 45.8% of the benefits from a reduction in capital gains and dividends > > > went to people with incomes over $1 million. There were 284,000 > > > taxpayers in this income group. This is .19% of all taxpayers. > > > > An additional 10.8% of the benefits went to people with incomes > > > between $500,000 and $1 million. There were 593,000 taxpayers in this > > > income group. This is .40% of all taxpayers. > > > > 17.4% of the benefits went to people with incomes between $200,000 and > > > $500,000. There were 3,588,000 taxpayers in this income group. This is > > > 2.46% of all taxpayers. > > > > 14.3% of the benefits went to people with incomes of $100,000 to > > > $200,000. There were 14,039,000 taxpayers in this income group. > > > This is 9.66% of all taxpayers. > > > In other words -- > > > 88.3% of the total benefits from Bush tax cuts went to people with > > > incomes over $100,000. In addition, the total number of taxpayers who > > > got a vast majority of the benefits represent only 12.71% of all > > > taxpayers. > > > >http://www.taxpolicycenter.org/- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
