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Jeff Rigby
 
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"thunder" wrote in message
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On Mon, 15 Aug 2005 11:25:56 -0400, Jeff Rigby wrote:


You want to start a new thread on this Harry? The middle class has been
overtaxed since Johnson. Our standard of living (middle class) has been
reduced to the point that it is now necessary for both parents to work,
primarily because of Taxes. The government takes a larger and larger
share of the pie.


Uh, actually, Federal Taxes have remained remarkably constant, at least as
a percent of GDP, for over 50 years. 18% +- 1

http://www.taxpolicycenter.org/TaxFa....cfm?Docid=200

I've mentioned this before; but I guess it need saying; Johnson and the
Democrats were told that they can deficit spend and the money they spend
would be paid back by taxpayers in the form of an increased tax called
brackett creap. Simply explained; deficit spending causes inflation, then
because of inflation we are all getting more dollars and because of our
"income leveling" income tax schedule we start paying more of our income in
taxes.

The middle class usually doesn't have as may writeoffs as those who make
larger saleries so we end up paying a larger share of the taxes collected
by the government.



You can not lay this all at the current presidents feet. A small
percentage yes since his priorities changed after 9/11.

Both parties are guilty, Republicans can take a lesser share of the blame
only because they have been in power for a shorter time.




 
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