Paul's Politics
I was told that anybody could become President; I'm beginning to believe it.
Help Understanding Democrat Tax Refunds
If you don't understand the Democrats' version Of tax
refunds, maybe this will help explain it:
50,000 people go to a baseball game, but the Game was rained
out. A refund was then due. The team was about to mail
refunds when a group Of Congressional Democrats stopped them
and Suggested that they send out the ticket refunds Based on
the Democrat National Committee's Interpretation of
fairness.
Originally the refunds were to be paid based on The price each person had paid for the tickets. Unfortunately that meant most of the refund Money would be going to the ticket holders that Had purchased the most expensive tickets.
This, According to the DNC, is considered totally unfair. A decision was then made to pay out the refunds In this manner:
People in the $10 seats will get back $15. After all, They have less money to spend on tickets to begin with. Call it an "Earned Income Ticket Credit." Persons "earn" it by having few skills, poor work habits, and Low ambition, thus keeping them at entry-level wages.
People in the $25 seats will get back $25, because It "seems fair." People in the $50 seats will get back $1, because they already make a lot of money and Don't need a refund. After all, if they can afford A $50 ticket, they must not be paying enough taxes.
People in the $75 luxury box seats will each have To pay an additional $25 because it's the "right Thing to do."
People walking past the stadium that couldn't afford To buy a ticket for the game each will get a $10 refund, Even though they didn't pay anything for the tickets. They need the most help. Sometimes this is known as Affirmative Action.
Now do you understand?
If not, contact
Representative Nancy Pelosi,
Senator Ted Kennedy, Senator John Kerry or Senator Hillary
Clinton
The Truth Is Revealing, Too Bad The Democrats Can't Reed!
Top 50% of Wage Earners Pay 96.03% of Income Taxes
There is new data for 2001. The share of total income taxes paid by the top 1% fell to 33.89% from 37.42% in 2000. This is mainly because their income share (not just wages) fell from 20.81% to 17.53%. However, their average tax rate actually rose slightly from 27.45% to 27.50%.
Who Are They Fooling?
The bottom 50% is paying a tiny bit of the taxes, so you can't give them much of a tax cut by definition. Yet these are the people to whom the Democrats claim to want to give tax cuts. Remember this the next time you hear the "tax cuts for the rich" business. Understand that the so-called rich are about the only ones paying taxes anymore.