Friday, June 17, 2011

HIGHEST TAX CUTS FOR THE RICH IS A LIE

The highest percentage cuts went to the lowest bracket taxpayers in 2003 and the lowest percentage cuts went to top bracket taxpayers.




The highest bracket rate cut was only 11.61% (39.6% to 35%).

The lowest bracket rate cut was 33 1/3% (15% to 10%)

Note. The 1961 Kennedy tax cut is exactly the same as the Bush tax cut. Democrats, including Obama, claim the Bush tax cut was only for the wealthy.

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