So let's talk about the tax cuts.
Let's talk about how the tax itself is.
Currently the top 20% get the most of the tax cuts, that is known.
In fact, the top 20% received $5,000 PER PERSON in terms of tax cuts.
However, even with that whopping(Yes, to the average joe that IS whopping) tax cut they still end up paying over 60% of the actual taxes of the country.
Isn't that amazing, since there are far fewer of them than the lower group?
So, who has suffered the most due to the tax cuts? The middle close, which is 40% of the population(roughly). They have had an increase in the amount of the taxes overall that they share with the entire population, although they DID receive tax cuts. Isn't that peculiar?
The very low class, the bottom of the bottom, has also received useful tax cuts, of course none of which can rival the massive amount that the top 20% have acquired.
As I have now proven(
http://www.factcheck.org for the facts), the top 20% pay a lot. To receive an over 5k decrease in the taxes they pay is, to the average joe, just downright insane.
What do I think?
Dump the taxes on the bottom class. Those guys don't have anything, period. You can't get blood from a stone.
Remove the tax cuts for the top 20%. If they already pay out about 60%, and of course a small amount of their taxes was 5,000, I'm betting they don't need that 5,000. Why do I think that? Well, the overall tax cut for the top 20% was around the 3%-5% margin. 5% of 100,000 is 5k. If they're making over 100,000 per year they do not need that small 5,000. Give me 100,000 per year and I can probably afford a beautiful multi-bedroom house, a solid DSL connection and goodness only knows how many joyful crap...without having to work. Yet they seem to need every little penny...and that's because they don't know how to handle their money.