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CHRISTOPHER TAYLOR'S BOOKS

Tuesday, July 19, 2011

MORE AMMUNITION

Just some ammo if you end up dealing with a leftist who complains about the Bush tax cuts being for the rich from CNN Money and Gateway Pundit:
Bush tax cuts: $544.3 billion…The bulk of that cost — $463 billion — is for the extension of cuts for families making less than $250,000, including two years of relief for 2010 and 2011 for the middle class from the Alternative Minimum Tax.

The rest — $81.5 billion — is attributable to the extension of cuts that apply to the highest income families.
In other words, 85% of the tax cuts went to the middle class.
They weren't tax cuts for the rich, and when Democrats talk about rolling back those tax cuts, they mention the rich but they mean you.

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