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Froma,
Please stop perpetuating the myth that only the rich benefit from the Bush tax cuts. The truth is, everyone who pays income tax is paying sustantially less now than they did under Clinton. For example, a single person with $30,000 taxable income pays $4,500 vs. $8,400 under Clinton.
This fall, many Americans will vote for a candidate (Clinton or Obama) who will raise their taxes by letting the Bush tax cuts expire. Thanks to irresponsible journalism. many will not even realize they are voting themselves a big tax increase.
Comment: #1
Posted by: Neal Smith
Tue Feb 5, 2008 8:22 AM
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