Middle class tax cut?

I have asked this question before, and to be fair, I%26#039;ll try it again. I received nothing from Bush supporters that there was anything other than a child tax credit and a one time $300 check a few yearsv ago. The child tax credit amounts to a few hundres a year, but are there any others

Middle class tax cut?

Good luck with that one. This subject has been a thorn in my

side for a while. Some Republicans have emailed me, I

think to say that they don%26#039;t believe me about the middle class.

Next week, Lou Dobbs is doing a special on CNN about the

crisis occurring in the middle class - hopefully, that might

enlighten someone!

Middle class tax cut?

I agree, thanks for best! Report It

Middle class tax cut?

I%26#039;m not sure exactly what you are asking, but my boyfriend (lower middle class) got $1,000 refund LAST year. don%26#039;t know how that helps... but I was just letting you know. i am not sure how it works either

Middle class tax cut?

Nope thats it...good luck...thats all you get From a Republican whitehouse...their position is ..if you are poor ...you deserve it!!!

Middle class tax cut?

Not sure what your question is?? The Democrats are the ones that are always touting that idea. Republicans believe in tax cuts period. These may be things you don%26#039;t see in your daily life. The Dems are more transparent - for instance, the dems that run my city just repealed the gas tax, so we%26#039;re back to paying tax now that the prices are coming down a bit. So while it appears they%26#039;re all for the %26quot;poor people%26quot;, how do you distinguish between wealth at the gas pump? Dems talk a good game, but you%26#039;ll pay more.

Middle class tax cut?

Do you get a refund every year?

If yes, then you need to change your tax rate because you giving the government to much of your money. Take that money and put it in stocks so it grows, heck even 4.5% is better than letting the government hang on and spend it on crap.

Here is another way to look at it, if you only pay $13k a year in taxes ( I figure maybe 52k a year gross at 25% tax bracket) and you then get 5% tax break, that was roughly the amount everyone got, then instead of paying 25% you are paying 20% so you pay 10400 meaning you saved 2600 on your taxes. Now throw in another 1k for each child, that is the new rate, say you have 2 then you saved 4600 on your taxes from the year before. This is on 52k, yeah you are not going to see $1000 a month in savings but damn you are only making $1000 a week gross. I know you might make more or less than this, but the math still figures out the same.

Now if you made 1 million dollars, you would have paid 39% tax, or 390k. With the tax brackets lowered to 35% on the top earners you would save 40k a year in taxes. Yes that is a lot more compared to the joe making 52k, That person just happens to pay way more than the joe making 52k.

Another thing to think of, how many people do you think Joe making 52k a year gross will employ? How many people do you think the Million dollar a year guy will employ?

If you are family of 4 and making 36k or less a year you should be seeing about 2-3k refund from the earned income credit. If you are single, well you know what tough you do not have nearly the responsiblity that those of us with a family have.

I realize that this will go over some, well most, of the liberals heads. I just realize they are in the need of some growing up and some real life experiences, getting out from mom%26#039;s basement will help with that. Hopefully this helped explain it a bit better to you.

Middle class tax cut?

The numbers I saw showed that everyone got about 15% reduction in there taxes under the Bush tax cuts. Which means that if you paid $6,000 in taxes you saved in the neighborhood of $900. If you were very wealthy and had to pay $600,000 In taxes then you savings were $90,000, The same percentage, but much more money. That is why the Democrats said if you were in the lower income you saved enough to buy a muffler, but if you were rich you could buy a Lexus. This is true but the savings were proportionate to your tax bill. And the rich carry the majority of the tax burden. so why not give them the same break.

The fact is that most of the rich are business owners and are the ones providing jobs for the country, It you tax them to the extreme you kill a lot of jobs and hurt the economy. Notice how the economy has rebounded after the tax cuts where put in place. Jobless rates are lower than any time in the previous Clinton administration, who raised taxes as soon as he got in office, Not only that but tax revenues are way up even with the lower tax rates because the economy or Gross National Product has sky rocketed. It is better to have 28% of 12.36 Trillion in 2006 Than 36% of 8.8 Trillion in 2000