2012 forecast: Food riots, ghost malls, mob rule, riots, terror
On Tue, 20 Oct 2009 16:12:25 -0700, jps wrote:
Yeah, that was the money Bush insisted was ours and proceeded to give it
to the wealthiest 1%.
That's a lie. 70% of people in the second-lowest quintile benefited from
the cuts. Even 16% of those in the *lowest* 20% benefited - and most of
them don't pay income tax.
The share of total federal taxes paid by the 80-99th percentile of
earners *increased* by half a percent (you're welcome).
Those in the top 1% had the greatest absolute benefit, yes - because they
pay more in taxes than anyone else.
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