It’s truly amazing. The Bush tax cuts were an across the board reduction in tax rates for everyone who paid income tax. The change in take home pay was right there in front of the noses of every taxpayer, whether “rich”, middle class, or otherwise.
Yet, liberals have somehow managed the incredible feat of convincing these people, to the contrary of all evidence right before them, that they didn’t get any tax cut at all (because it only went to the evil “rich”). And the primary way that they accomplished this deception was by constantly referring to raw dollars rather than percentages.
We all heard it constantly, “The top 1% received far more than did those with lower incomes.” Of course, they failed to mention that the “top 1%” also paid far more in taxes and were merely receiving the same percentage back as everyone else, though quoting raw dollar totals made it sound more dramatic.
Unfortunately, a large number of our fellow citizens have proven themselves to be pathetically stupid and thus prone to being deceived by even such transparent lies as this. Add in the media as co-conspirators to hammer the lies into their empty little heads and the future looks awfully bleak.
Yep...but the best part of letting them expire is the 10 or 20 million NEW taxpayers that will be brought into the system.
Bush made a MAJOR mistake in getting people off the tax roles. Once they lost a stake in taxation, they had no stake in spending levels. I really would like to see them added back, and then some.
It's easier to train a puppy to not poop on the carpet than it is to teach the average American econ 101; their ain't no such thing as a free lunch. That "free" Obamaphone is expensive. The "free" healthcare is real expensive.