Er, check facts - Edit 2
Before modification by Isaac at 14/04/2011 05:10:34 PM
Crap #1. During Clinton era, taxes were higher and we have surpluses. Almost all Clinton years we had balanced budget.
Yes, that is crap, during the Clinton/GOP congress years [congress is, ya know, a little bit involved in making budgets] we ran a 1.9 billion surplus in '99 and 86.4 billion in 2000... we also ran a deficit ever other year, most of those years the deficit exceeded the combined surplus of the last one each... I don't believe 2/8ths is 'almost all'
The middle class contributes the majority of the taxes collected by the Treasury
Crap #2. That's not true.
Yes it is from 2007 data but the tax rates are the same, yes? Middle-class households that earned between $34,300 and $141,900 paid 50.5 percent of all federal tax revenues in 2007 (the most recent year analyzed), according to the CBO study released Thursday, and households that earned between $34,300 and $352,900 paid 66.7 percent of all federal taxes.