tax burden lowest since 1958

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The only people calling him a socialist, in my experience, can't even identify socialism. It was just a new code word for "Black President".:lol:

But thanks for the link to the article. Another promise fulfilled.
 
I've been saying a lot of socialists are unhappy with him cuz he's not one.
 
certainly yuo realize it comes with a HUGE cost? One third of the deficit is the result of tax cuts.
 
certainly yuo realize it comes with a HUGE cost? One third of the deficit is the result of tax cuts.

I'm not that worried about the deficit. We have carried a deficit for eons; and the nation hasn't collapsed yet. However, greater tax burdens can create a huge issue, especially in the working class who carry the majority of the tax burden. And those problems will exacerbate an already troubled economy.
 
certainly yuo realize it comes with a HUGE cost? One third of the deficit is the result of tax cuts.

Well, 100% of it is from spending. If you had a job and they cut your hours, what would you do:
  • Spend the same
  • Spend less
  • Spend more
 
Well, 100% of it is from spending. If you had a job and they cut your hours, what would you do:
  • Spend the same
  • Spend less
  • Spend more

Why is it called spending when it should be called charging?
 
National Taxpayers Union - Who Pays Income Taxes?

People in the top 10% of income ($113,799 and above) pay 70% of all Federal income taxes. People in the bottom 50% (income of $33,048 or less) pay less than 3% of all Fed. income taxes. That is not a distribution that supports the claim of an "overburdened working class."
 
I think if you go to the home page of the link above, you will quickly see which side of the fence they sit on, despite claims of non-partisanship.

Don't trust any organization that throws out data without revealing their sources and the methods used to analyze the data. Especially when they are not including, obviously, the tax breaks available to upper income levels that are not available to mid and lower income groups.
 
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