Quote:
Originally Posted by RWebb
So let's have your wifey start a thread here and explain it to me.
sounds like she needs to learn a little about tax policy -- or you do.
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I'll save Matt's wife the trouble. Remember the summer of 2001 when ALL taxpayers got refund checks? That's right - ALL TAXPAYERS. Not the government-favored grievance groups or much-vaunted "middle class" - ALL TAXPAYERS. If you're wealthy, you already pay the most taxes, so any kind of tax cut for ALL TAXPAYERS will give you more back than if you were in the lowest bracket. Is that really so hard for you to understand? Even if we had a flat tax of 10% and it was reduced down to 9%, the wealthiest taxpayers would see the largest tax break. Surely, you understand how that works. Or are you confusing Bush's tax cuts with the EITC, aka welfare, where you get a "tax credit" on taxes you never paid to begin with?