Could it be that Bush is unfairly undertaxing the poor and working classes, to Kerry’s pampered disadvantage?
Here‘s a graph from the Detroit News (courtesy G.R.) showing that while everyone’s taxes went down, the percentage of the tax burden decreased for the bottom 60% of tax payers, while it increased for the top 40%, which means the rich take on a larger share of the overall tax burden than they did before when everyone paid higher taxes.
Before Bush’s tax cuts the top 20% paid 78.4% of the taxes, and now pay 82.1%. In contrast the bottom 60% had formerly been responsible for 6.3% (adding the numbers) but are now only responsible for about 2.7%
Under Bush the top 40% take on 97.3% of the tax burden.
When will their free ride end?