New tax cuts by Democrats?? WUWT?

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:

http://www.whitehouse.gov/issues/taxes/tax-cuts

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.

Advertisements
This entry was posted in Politics. Bookmark the permalink.

2 Responses to New tax cuts by Democrats?? WUWT?

  1. tamerlane says:

    It’s to all come from Social Security — FICA payments. The Jobs (sic) Bill mostly features huge cuts to medicaid, and a 50% cut on FICA payments. (But hey, it’s not gutting Social Security — it’s a “Tax Holiday”. Yippee! Let’s order a cake and some helium balloons to celebrate.)

    I’m sure a Tenther like you would like to see S.S. gutted, so goodonya, but the dumb-ass proglydites, who most assuredly don’t, still support this dog crap bill, simply because Teh Messiah proposed it.

    • fisherhorne says:

      Please keep the language clean.

      Where it comes from wasn’t the question. The Democrats have started a class war between those who don’t have money and those who do, blaming all their wealth on tax cuts. Now comes a proported “Jobs” bill that gives taxes cuts to those same wealthy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s