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ProSense

(116,464 posts)
9. You have no idea what you're talking about.
Thu May 9, 2013, 10:10 AM
May 2013

"Krugman is wrong though part of the American Jobs Act did get passed - the only part that Obama REALLY fought for...The part that gave tax cuts to the rich "

That had nothing to do with the jobs bill.

"Cutting payroll taxes in half for 160 million workers next year: The President’s plan will expand the payroll tax cut passed last year to cut workers payroll taxes in half in 2012 – providing a $1,500 tax cut to the typical American family, without negatively impacting the Social Security Trust Fund."

The accursed payroll tax cut (of 2%) got extended for another year. With 27% of its benefits going to the richest 10%, and 12% of its benefits going to the poorest 40%.

Well, I am sure the tax cuts for the top 10% trickled down to the bottom 40% somehow.

Again, whenever you make ridiculous claims, I'll remind you that these are nonsense: http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2797907

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