1993 saw a tax hike on the wealthy (via two new brackets at the top), and then 2001 through 2003 saw a series of tax cuts (Bush Tax Cut) that lowered the tax brackets as follows:


1992 1993 - 2000 2001 2002 2003 - 2008

15% 15% 15% 10% 10%
15% 15%
28% 28% 27.5% 27% 25%
31% 31% 30.5% 30% 28%
36% 35.5% 35% 33%
39.6% 39.1% 38.6% 35%

If you make over $375,000 on your lease bonus your tax bracket is 35%. That means you pay the IRS 35% of your bonus money. During the Clinton days you would have paid over 39%. Obama wants to raise the top bracket even higher than 39%. It could be closer to 50%. Think about that when you go vote in Nov.

From 2000 to 2002 most brackets dropped by one percent, and there was a new low bracket added for the "lucky duckies" at the very bottom. In 2003 (Bush Tax Cut) most brackets got an additional cut of two percent with a special gift for the "other" lucky duckies, the ones at the top. But note that the rich still paid more in 2003, and everybody else paid less, than was the case in 1992 (Clinton Days). The Democrats never tell you that when they are bashing Bush about his tax cuts. Now if the idiot Democrat congress could just balance the budget... with what they already have.

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