OK

If you earned less than $100,000 your share of the tax cut was $158.61 on Average.

If you earned more than $100,000, your share of the tax cut was $4,754.57 on Average.

So if you earn over $100,000 a year, you should vote republican.

If you are earning less than $100,000 a year and vote Republican, you should ask yourself WHY? For $158.61? The increase in gas wiped that out in a week.

If you do not believe me, do the math yourself. Here are my calculations...

I am going to break this down for everyone based on the ADMINISTRATIONS numbers....

In 2003 the Administration said there were 92 million tax payers who on 'average' would receive $1083 each. This does not mean each of the 92 million GOT $1083, it just meant that if you took the entire tax cut and divided it by the number of tax payers it comes to $1083.

The reality is this.

The total tax cut in 2003 was $99,636,000,000.

$87,978,588,000 goes to people making over $100,000 a year.

If you make over $100,000 a year, the 'average' tax cut you received was $4,754.57

18,504,000 received this on average.

The rest of America, the lower middle class and the working poor received what was left. That is $11,657,412,000 to be divided between the remaining 73,496,000 Tax payers.

So if you made less than $100,000 you received on Average a tax cut of $158.61.

So you tell me, who HONESTLY benefited from the Bush Tax cuts?

http://www.whitehouse.gov/...

According to theTax Policy Institute:
45.8% of the benefits from a reduction in capital gains and dividends went to people with incomes over $1 million.  There were 284,000 taxpayers in this income group.  This is .19% of all taxpayers.

An additional 10.8% of the benefits went to people with incomes between $500,000 and $1 million.  There were 593,000 taxpayers in this income group.  This is .40% of all taxpayers.

17.4% of the benefits went to people with incomes between $200,000 and $500,000. There were 3,588,000 taxpayers in this income group. This is 2.46% of all taxpayers.

14.3% of the benefits went to people with incomes of $100,000 to $200,000.  There were 14,039,000 taxpayers in this income group.  
This is 9.66% of all taxpayers.
In other words --
88.3% of the total benefits from Bush tax cuts went to people with incomes over $100,000.  In addition, the total number of taxpayers who got a vast majority of the benefits represent only 12.71% of all taxpayers.
http://www.taxpolicycenter.org/...

Originally posted to VirtualTruth on Thu Nov 02, 2006 at 07:52 AM PST.

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