Tuesday, May 13, 2003
I watched part of the O'reilly Factor last night and during O'relly's Talking Points segment he was talking about Bush's tax cut plan. He was basically saying that wealth redistribution from the rich to the poor is bad. He said this to make his Point:
People making over $53,000 a year pay an ASTOUNDING 83% of taxes.
What the hell kind of stat is that? Once you think about it it's really not all that astounding.
How is this for a stat? People making over $0.00 a year pay an even more ASTOUNDING 100% of taxes!!
Oreilly's stat is voodoo economics at work. He sets him benchmark at $53,000 is this number designed to get middle to upper-middle class people thinking that thet are paying 83% off all taxes and that it's unfair?
First it's people making $53,000 and UP, this is a pretty big chunk of people and includes the multi-millionairs. The more money you make the more taxes you are going to generate. It's that simple.
The lower you set your benchmark, the higher percentage of taxes your share of people will be paying.
Made up example. People making over $32,000 a year pay 92% percent of taxes!!!
Come on Oreilly you can do better than that, use a real stat next time you try to convince people to support Bush's tax plan. You almost fooled me but I am to smart to get hoodwinked by your ASTOUNDING stats.
People making over $53,000 a year pay an ASTOUNDING 83% of taxes.
What the hell kind of stat is that? Once you think about it it's really not all that astounding.
How is this for a stat? People making over $0.00 a year pay an even more ASTOUNDING 100% of taxes!!
Oreilly's stat is voodoo economics at work. He sets him benchmark at $53,000 is this number designed to get middle to upper-middle class people thinking that thet are paying 83% off all taxes and that it's unfair?
First it's people making $53,000 and UP, this is a pretty big chunk of people and includes the multi-millionairs. The more money you make the more taxes you are going to generate. It's that simple.
The lower you set your benchmark, the higher percentage of taxes your share of people will be paying.
Made up example. People making over $32,000 a year pay 92% percent of taxes!!!
Come on Oreilly you can do better than that, use a real stat next time you try to convince people to support Bush's tax plan. You almost fooled me but I am to smart to get hoodwinked by your ASTOUNDING stats.
