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<blockquote data-quote="tieguy" data-source="post: 397305" data-attributes="member: 1912">More misleading language. 2006 was a very strong year economically. The top 1 percent tend to shoulder a larger percentage of the downside during a recession and a percentage of the upside during the good years. You can therefore cherry pick a year that you want to show what you want.&nbsp;however :&nbsp;As a result, the U.S. Treasury now mails tax &quot;refunds&quot; to a large proportion of these Americans that exceed the amounts of tax that they actually paid. All in all, the number of tax filers with zero or negative income tax liability rose from 30 million to 40 million, or about 30 percent of all tax filers.<a href="http://www.heritage.org/research/taxes/bg2001.cfm#_ftn17" target="_blank">[17]</a> The remaining 70 percent of tax filers received lower income tax rates, lower investment taxes, and lower estate taxes from the 2001 legislation.</blockquote>

[QUOTE="tieguy, post: 397305, member: 1912"] [COLOR=blue]More misleading language. 2006 was a very strong year economically. The top 1 percent tend to shoulder a larger percentage of the downside during a recession and a percentage of the upside during the good years. You can therefore cherry pick a year that you want to show what you want.[/COLOR] [COLOR=#0000ff][/COLOR] [COLOR=#0000ff]however :[/COLOR] [COLOR=#0000ff][/COLOR] [COLOR=#ff0000]As a result, the U.S. Treasury now mails tax "refunds" to a large proportion of these Americans that exceed the amounts of tax that they actually paid.[/COLOR] All in all, the number of tax filers with zero or negative income tax liability rose from 30 million to 40 million, or about 30 percent of all tax filers.[URL="http://www.heritage.org/research/taxes/bg2001.cfm#_ftn17"][U][COLOR=#800080][17][/COLOR][/U][/URL] The remaining 70 percent of tax filers received lower income tax rates, lower investment taxes, and lower estate taxes from the 2001 legislation. [/QUOTE]

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