6/15/2008

The truth about Bush's tax cuts

As you know, the democrats in Congress refuses to support the renewing of Bush's tax cuts. Do you really know what this means to the average taxpayer? Well I have news for you. If we let this happen most of us will be paying more when it comes April 15. Here are a few examples


If your taxable income is 0 to $43,050 you would be in the 15% tax rate in 2000. Under Bush's tax cuts this goes down to 10%.

If your taxable income is $43,051 to $104051 in 2000 your rate was 28% under Bush's tax cuts this would drop to 15%.

The top, those making the top money would drop from 39.6% to 33%.

So the next time you talk to a democrat, ask them why they are raising our Federal taxes next year. See what they answer then show them the facts.

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