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To: TBarnett34

Actually, if you do as Kerry says and go to his web site to read "his plan" it says he wants to restore the top two tiers to their Clinton level. The 2nd to top tier can affect people earning as little as $80,000!


3 posted on 10/20/2004 7:48:59 AM PDT by Phantom Lord (Advantages are taken, not handed out)
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To: Phantom Lord

Stuff like this is exactly what I need. Got a direct link?

And by the way, your tagline is from one of my favorite songs.


4 posted on 10/20/2004 7:51:59 AM PDT by TBarnett34 (Funkmaster Unnngh!)
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To: Phantom Lord

Here's one example in particular:

Kerry claims that his $200k/yr tax cut repeal will not affect those small business owners that make >$200k so long as they hire extra workers making a certain amount of money.

For instance, he claims that a small business owner making $500k who hires 4 additional workers per year at a $50k/year salary will receive a $2,969 tax cut.

However, therein lies the problem: 4 * $50,000 = $200,000/yr in new expenses for the business! $2,969 is hardly an offset of that.

In summary, a $3k/yr tax cut hardly offsets an additional $50k/yr in payroll expense.


7 posted on 10/20/2004 8:02:02 AM PDT by TBarnett34 (Funkmaster Unnngh!)
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