I just do not get how some Americans cannot see Kerry for the hypocrite he is!!
October 28, 2004: Senator John Kerry keeps telling us that "the rich" need to pay more in taxes, and he proposes to raise the marginal tax rate that Americans with earnings in the two top tax brackets would pay. But the small amount that Kerry and his wife paid last year in taxes demonstrates the error of this approach. Under Kerry's own plan to "tax the rich," his and his wife's average tax rate would increase to only 15.2 percent, far less than many small-business owners and middle-class earners would pay. This discrepancy is an artifact of today's convoluted tax code. In short, the Kerrys' own tax return makes the case for fundamental tax reform. |