After reviewing both candidates’ Web sites, I came to a not-so-startling conclusion. I have always had my notions about the Bush and Gore tax plans, the Web sites simply confirmed them. Bush’s plan actually does gives tax cuts to all who pay taxes, not just the wealthy, as Gore would have us believe.
Furthermore, Bush’s plan is a fair tax cut. Those who might be considered
poor or lower-class would get the largest percentage in tax cuts, assuming that
they are even paying taxes. Despite what you’ve heard, most of the poor do not
pay taxes anyway. According to Bush’s Web site, a family of four making less
than $35,000 will get a 100 percent tax reduction. As the income increases, the
tax cut percentage decreases exponentially. Thus, a family of four making
$100,000 would receive a paltry 15 percent tax decrease. Friends, this is simple
and fair.
However, it is easy to distort, as Gore has proven.
Gore claimed that the wealthiest 1 percent would receive roughly 40 percent of the benefits under Bush’s plan. “How could the government pay for benefits to the wealthy?” Don’t be deceived by the rhetoric. Since when has tax relief been a government program? A tax cut is simply defined as the collection of less revenue by the government. Yet, Gore has tried depict it as a government “program” whose “benefits” would go to the “wealthy.” This is a distortion of truth.
Not only Gore, but all liberals have used class envy to make us jealous of
one another. Gore’s assertion that 40-some percent of tax “benefits” go to the
top one percent is a classic example. If that seems to be true, it is because
the wealthiest one percent carries the major brunt of the tax burden. But it is
simpler than that.
Consider that, for the sake of argument, one earns
$100,000 and another earns $20,000. If the $100,000 earner is currently paying
$25,000 in taxes and receives a 20 percent tax cut, that reduces his tax burden
to $20,000. Now, if the $20,000 earner is paying $2,000 in taxes and receives a
100 percent tax cut, he would thus pay zero in taxes. By Gore’s definition, the
$20,000 earner has received less “benefits” than the $100,000 earner. Yet, the
$100,000 earner is still paying 20 percent of his or her income in taxes whereas
the $20,000 earner pays nothing.
What else can be done to “benefit” the
$20,000 earner? With regard to tax relief, nothing!
I also perused Gore’s web site for comparison. Unfortunately, his plan was so complex that even I got lost in the gibberish. It was a headache to understand. However, if you think you can comprehend Gore’s plan, then feel free to visit his Web site.
Friends, all your tax questions can be answered at Bush’s Web site, Under his plan, all taxpayers receive fair and well-deserved tax breaks. Do not mindlessly swallow distortions of his plan from the extreme left. It just makes sense.