Taxes at Lowest Levels in 60 Years

Discussion in 'Economy' started by DavidS, Apr 18, 2010.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    Taxes at Lowest Levels in 60 Years

    Despite big tax cuts included last year's economic stimulus package, the latest CBS News/New York Times poll finds that as many as 34% of Americans think President Obama raised their taxes.

    William Gale, head of the Tax Policy Center at the Brookings Institution, tells CBS News that federal taxes are actually "at their lowest levels in 60 years."

    Said Gale: "The relation between what is said in the tax debate and what is true about tax policy is often quite tenuous. The rise of the Tea Party at at time when taxes are literally at their lowest in decades is really hard to understand."
     
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  2. elvis
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    elvis BANNED Supporting Member

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    won't be that way when the tax cuts expire.
     
  3. uscitizen
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    uscitizen Senior Member

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    Those darned socialists!
     
  4. uscitizen
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    uscitizen Senior Member

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    Well we do have to eventually pay for the Iraq war, etc.
     
  5. elvis
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    elvis BANNED Supporting Member

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    It's odd, though, how everyone is forgetting the fact that those tax cuts are about to expire.
     
  6. uscitizen
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    uscitizen Senior Member

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    Obviously not enough people watch Fox.
     
  7. elvis
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    elvis BANNED Supporting Member

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    I don't get fox. I have limited basic cable. I just watch my taxes closely. it's gonna cost me about $2700.
     
  8. saveliberty
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    saveliberty Diamond Member

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    The proposed 0bama tax increases will raise us from 37th internationally to fourth in most income taxed nations.
     
  9. DavidS
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    DavidS Anti-Tea Party Member

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    Which tax cuts are you specifically referring to? What will the new tax brackets be? Is Obama letting ALL of them expire, or just the ones for the rich?

    You do realize that the people that are organizing these TEA Party protests are the rich people who are going to pay more taxes. Guaranteed 99% of the people at the TEA Party Protests don't pay any money to the IRS on April 15.
     
  10. DavidS
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    DavidS Anti-Tea Party Member

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    I suppose you have an unbiased source in which to prove this, right?
     

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