Do-It-Yourself Fact-Checking – American Thinker
Randall Hoven has posted an interesting piece called Do-It-Yourself Fact-Checking at American Thinker. Taxes are a key issue in this campaign and Mr Hoven did some do-it-yourself fact-checking on Mr Obama’s proposal to give 95% of American taxpayers a tax cut.
If this is not enough, check out this link. But, if you want to do it yourself, Mr Hoven provides the steps:
Here’s what you do:
(1) Go to the US Statistical Abstract at http://www.census.gov/compendia/statab/
(2) Select “Federal Gov’t Finances & Employment”.
(3) Select “Federal Individual Income Tax Returns”.
(4) Click on Table 474, “Individual Income Tax Returns.” You have a choice of Excel or PDF format.
In his piece, Mr Hoven debunks 8 of these 9 myths:
Myth 1: Rich people don’t pay taxes.
Myth 2: But that’s only because the rich make so much more money.
Myth 3: But the rich don’t pay as high a percentage as the rest of us.
Myth 4: Bush’s tax cuts helped only the super-rich.
Myth 5: We should cut taxes for 95% of the people.
Myth 6: The really rich know how to get out of paying taxes; they don’t show up in these tables.
Myth 7: But cutting taxes reduces revenues and therefore increases deficits and our debt load.
Myth 8: The “rich” are somebody else.
Myth 9: The Communist Manifesto’s second plank is, “A heavy progressive or graduated income tax.”
You might want to read it to find out which one of these myths is fact.
Answer: Myth 9.