Posted on 05/11/2010 1:54:19 PM PDT by Sub-Driver
Pelosi: Democrats reduced taxes to historic low By Jordan Fabian - 05/11/10 02:56 PM ET
Congressional Democats are responsible for the lowest U.S. tax bills in a half-century, Speaker Nancy Pelosi (D-Calif.) said Tuesday.
Pelosi was responding to a USA Today report that said Americans' tax bills in 2009 were at their lowest point since the Truman presidency.
"Democratic leaders in Congress and President Obama have produced the lowest tax bills for the American people in more than half a century," Pelosi said in a statement. "Because of changes Democrats have made in tax policy, more than 100 million Americans have more money to support their families, consumers have more to spend at local businesses and our middle class is reaping the rewards."
The report showed that tax levels fell by 23 percent in 2009 while personal income levels fell by 2 percent. People on average had 9.2 percent of their personal income taken by the government in taxes as opposed to the 12 percent average over the last 50 years.
USA Today credited the Democrats' stimulus bill for lowering taxes, but also tax breaks put in place by Presidents Bill Clinton and George W. Bush. Lower consumer spending also resulted in lower sales tax receipts.
Democrats have spent the day plugging the report, and Pelosi took a jab at Republicans for not backing the stimulus plan, which included tax credits.
Despite all their rhetoric, when the time came to support lower taxes for 98 percent of Americans, Republicans in Congress voted no," she said. "Not a single Republican voted for tax relief, even in the midst of the greatest recession since Herbert Hoover that they created through the policies of the Bush administration."
Critics of the study have said that high government spending is catapulting the country toward unsustainable debt.
Well, there's the nut right there. What they mean is tax rate per capita. Close to 50% of Americans pay no Federal, State or Local taxes at all. That's how they arrive at 9.2%. The rats have told this lie before.
I personaly am taxed at about 30% for Fed and State, and I'm not rich.
Be careful. Too much chicken sh*t can be toxic.
I haven’t seen the figures, but the numbers of people not paying income taxes is at an all time high. Out of work and deductions to reduce the number paying no doubt brings the average down, but for those who pay, we are paying more.
10% unemployment sure cut taxes. Glad to see they are admitting it’s their fault.
Hallucinogens are your friend.
Ask Nancy.
Tell ME about it.............
Nancy, you’re such a ditz.
Tax receipts (that’s what you are talking about) are down because the economy is in the “turlet”.
Unemployed pay few income taxes and purchase less, depressing sales taxes. House values are down, property taxes have been receding.
Any decline in taxes is because a tsunami of economic disater is beginning to sweep over America — and, believe me, sister — it ain’t raising all boats.
I can only hope that it sweeps you and your kind out to sea.
Give it up plastic face mac daddy is, by far, a much better liar than you will ever be.
Think what disdain this freak must hold for the American people that she would believe she can lie so openly with no negative consequences! And what is even more sick, democrats love for her to lie to them!
read later.
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