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Looking out for the wealthiest 2%

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Peter (Yes, that one) Peter (Yes, that one) is offline

Peter (Yes, that one) is offline

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First recorded activity by BoatBanter: Mar 2010

Posts: 27

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Looking out for the wealthiest 2%

In article ,
says...

On Thu, 15 Apr 2010 20:11:19 -0400, bpuharic wrote:

gee. we cut taxes for the rich by 70% over the last 20 years.

We cut the tax for everyone. My taxes are about half what they were 20
years ago and we make more money.

I still have every 1040 since 1984, When I get a minute I will compile
a list of gross vs tax and let's see what it looks like.
I know I used to always say I expected to have that be about 20%. Now
it is more like 10-11%.
Anyone else want to play?

As I've said before, fed income tax doesn't tell the story, nor does
total tax burden, which is the only way to count taxes.
Disposable income is what counts.
And is also what drives the economy.
Taxes are just a political talking point when disposable income isn't
included in the discussion.

Peter

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