Tax Burden Continues Shift to the Rich Under Bush Tax Policy

I'm A Pundit Too ^ | 7/26/2008 | Doug Ragan

[TheNewPundit]

This will get no press and no democratic politician will allow it to get in their way as they continue to falsely claim that Bush gave a tax cut to the rich. In 2000, Clinton’s last year in office, the bottom 50% paid 3.9% of federal taxes. In 2006, we paid only 2.99% despite an average increase of over $4 grand a year in that same time period. The top 1% paid 37.42% of federal taxes in 2000 to see that percentage increase to 39.89% in 2006. The increase happened to the top 1% despite the fact that their average tax rate decreased almost 3%. The average tax rate of the bottom 50% decreased 1%.

[TeaWar]

Thanks. I’ll be forwarding this on to one of my lib-buddies.
Do you mind if I post the full article from your site one of my sites (with a link and credit to you of course)?

[TheNewPundit]

Be my guest
:-)

[pnh102]

IT IS BUSH'S FAULT!