Top 0.1 Percent Will Get Nearly $1 Million Tax Cut from McCain »
Posted By TheVisionary 3 months ago in NewsThe top 0.1 percent of households – which include a handful of “middle-class” families under McCain’s definition — earn an average of $6.7 million. They would collect at least 18 percent of McCain’s tax cuts, including the extension of the Bush tax cuts.
Under McCain, each of these super-rich households would receive $992,000, on average.
In contrast, McCain’s tax plan gives no help to tens of millions of American families, including nearly all middle-class families without dependents and another 34 million who do not owe income taxes (although they do pay other taxes).
Read Full Story at thinkprogress.org »
Join the Discussion 
+ Add Comment
Comments So Far: 1
-

raats66623 months ago
So we have a $9 TRILLION debt, we currently have VP Cheney making $3 million in 2007 and paying 19.8% in taxes (while a couple making $250,000 is pay almost 25%), McCain is hell bend on going to war with Iran (and possibly Russia), McCain has NO intention of ENDING the wars in Iraq and Afghanistan anytime soon AND thinks that VP Cheney's of the world should actually pay LESS then he currently does (while NOT changing the 25% of the other couple OR 99% of the rest of American.
Reply
Did I happen to mention that we are currently paying $400 BILLION every year JUST in Interest on the money we've borrowed?
So exactly HOW MUCH more money does this idiot think we can print, borrow and/or waste around the world before America becomes a Third World Country?





Add a Comment
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.