I thought tax cuts for the rich were bad?
Why is the White House promoting just that with his new jobs bill??
Here’s the White House website with a snazzy tax calculator:
The site claims that if you don’t pass the jobs bill (what’s in it again??) then your taxes will go up. Plug your income in the calculator and see just how much you’ll keep with the bill and how much you’ll lose without it.
According to the snazzy calculator: A married couple making $30,000 will see a net change of $1530 A married couple making $50,000 will see a net change of $2550 A married couple making $100,000 will see a net change of $5100 A married couple making over $110,000 will see a net change of $5615
Of course there’s no mention of from where the money for the bill will come, or the increased deficit, or the increased debt, or the increased indebtedness to China, or the Constitutional authorization for the bill, or anything real, but it’s a snazzy calculator.