Reply #5: The Bush taxcuts made the taxcode more progressive

[macebowman]

What happened?

Yes, after the Bush taxcuts the rich paid more of the total tax burden.

What happened?

The rich got richer and the poor goot poorer.

If a poor person pays a dollar in taxes, he gets back six. If a rich person pays a dollar in taxes, he gets back like twenty cents. I don't know, but if you ask me--the poor ought to pay as much in taxes as they can, they get six tims as much back. But, if they don't give the money to Uncle Sam, where does it go? Why, in the pocket of the rich person. And how much does the poor person get of that money? Zip. Nada--absolutely nothing. Instead, the rich person uses that money to do everything he can to keep taking money from the poor person.

Yep, today--the rich pay a greater portion of the total federal budget than anytime in history. But, the best part--that "portion" cost them less as a total percentage of their income than anytime before. The trick is not to make the rich pay more, the trick is to make them pay LESS--not because they paying a lower RATE, but because they are making less of the total inoome. The way that happens is to adjust the taxcode to encourage those at the lower incomes to SAVE instead of SPEND. The easiest way to do that--increase the taxes on em. They pay more to Uncle Sam and less to Richie Rich. Uncle Sam spends the money on THEM, not AGAINST them.