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Reply #10: The tax data ALONE damns the whole thing [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
jmowreader Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-14-08 06:53 AM
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10. The tax data ALONE damns the whole thing
Whoever worked the tax numbers worked it as the whole amount is taxable, and the whole amount is taxed at the highest marginal rate for any of the income.

I redid these numbers once using the standard deduction and the actual tax tables for the years in question--1999 and, IIRC, 2006. The ACTUAL Clinton numbers, while higher than Bush's numbers (but, in the case of the lower-paid taxpayers, not by much), were lower than the numbers the freeper used for Bush. That's using standard deduction in all cases, and in the case of a married taxpayer I decided they had two children. I think I've still got the spreadsheet at home and can dig it up later if you'd like.

I also love the illegal-immigrant information. Apparently the War on Terra is just a trifle and we'd be in Fat City if we'd just deport all those nasty illegals. The part about the illegals sending home the $45 billion, most if not all of which they made from Private Sector Employers (at sub-minimum wages), is really killer. As in "credibility killer."
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