Democrats Criticize the Nonexistent Bush Tax Cut By Mark Butler It is ironic that President Bush and the Republican party are criticized routinely by Democrats for a tax cut that benefited the rich when in reality the rich saw their tax burden increase over what it was in 2000. The Tax Foundation recently published an article by Gerald Prante ( that details the increased burden borne by the rich. While definitions of rich vary, many middleclass, working Americans view anyone who makes more than $100K as rich although many reporters put the mark at $200K. Regardless of the definition, those who make more than $100K have seen their tax bill go up while those who make less than $75K have seen their tax share go down. Noteworthy in this tax cut is that the working poor with Adjusted Gross Income (AGI) of less than $25,000 actually received more back from the IRS than they paid. At the same time the Democrats implore the poor, to vote for them because of the tax cuts that benefited the rich and not the lower middleclass and working poor. In the upcoming mid-term elections taxes are a point that the Democrats are pressing home as well as Republicans. Despite this dichotomy, nothing is heard from the Republican party to contest this misrepresentation of facts. One theory is that the Republican party would rather have the rich, the main donators to their cause, believe that they did in fact receive a tax cut. The Bush tax cuts may have actually reduced the amount that the rich would have paid had the tax cuts not taken place but the rich still pay more than they did in 2000. A progressive tax system is one that increases the percentage of tax that a person pays as their income increases. The US tax code is progressive and it will be interesting to note data for 2005 and 2006 as it becomes available just in time for the 2008 presidential election campaign where the Bush tax cuts for the rich are sure to take center stage in the continuing struggle between Republican and Democrats.

Be Sociable, Share!