Friday, October 08, 2004

  Kerry Lies or (flip flops) about his tax Increases

What is amazing is he lies and contradicts himself on the same page of his website linked above.

To quote the Kerry website:
John Kerry will roll back only Bush's tax cuts for those making over $200,000 a year, and invest those resources in affordable health care and better schools. Specifically, the Kerry-Edwards plan will: ...

But he flips flops on the same webpage, lets see what he says next.

To quote the Kerry website:
Restore the top two tax brackets to their levels under President Clinton.

Well lets take a look a the tax brackets from 1999.
For an example, in 1999, those tax brackets were: 15%, 28%, 31%, 36% and 39.6%.
For a single person the 36% tax bracket starts at $130,250.
Married filing separately the 36% tax bracket starts at $ 79,275
Married filing jointly the 36% tax bracket starts at $158,550

All of these numbers are significantly less that the $200,000 number he passes around that most people think is the number he is quoting for individuals not for couples.
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