Thank you, Number 6, for stating these facts.
I also do not understand why being rich is held against people. I love it when people are rich. Bill Gates, our Developer, Cindy McCain and the list goes on. If you have become a raging success or are just rich, I'm happy for you.
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Originally Posted by Number 6
Where is the evidence that the “rich” pay less in taxes under the Regan and/or Bush tax cuts? In 1980, under the sainted Jimmy Carter, the top 1% of filers paid 19% of all income taxes. A decade later thanks to the Regan tax cuts, the top 1% of filers paid 25% of all income taxes. By 2005, the last year reported, again thanks to the Bush tax cuts, the top 1% of filers paid 40% of all income taxes. I guess for the Dem candidates, it is like Charlie Brown always said, “Tell your statistics to shut up.”
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