to an e-mail comparing income taxes under Presidents Clinton and Bush,cheapjordansretrofreeshipping.com, please see this page." And that link in turn leads to an article by senior economist Gerald Prante and staff writer Alicia Hansen of the Tax Foundation. They call the e-mail "incorrect" and add that it "contains some mathematical errors," which is putting it mildly. The Tax Foundation is an anti-tax,cheap air jordans, pro-business group and about the last place we would expect to defend the tax policies of the Clinton administration. Prante and Hansen state,jordans for cheap, quite correctly, that "federal income taxes have indeed fallen under George Bush for groups at all points on the income spectrum." No tax expert we know of disputes that. Nevertheless,jordans for cheap, to its credit, the Tax Foundation demolishes this particular comparison. The "mathematical errors" in the e-mail actually are huge, resulting in very large overstatements of the amounts by which persons in various low- and middle-income categories benefited from the tax cuts. For example, the e-mail claims a tax cut for a single person making $30,cheap jordan shoes,000 a year that is nearly 10 times larger than the actual cut as calculated by Tax Foundation experts. Here?s a table we created, comparing the cuts claimed in the e-mail with the cuts calculated by the Tax Foundation. Cut Claimed by E-mail Actual cut per Tax Foundation E-mail over- statement Single making 30K $3,900.00 $401.25 $3,498.75 Single making 50K $1,cheap real jordans,500.00 $656.25 $843.75 Single making 75K $4,500
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