General Discussion
In reply to the discussion: 100 Reasons Why President Obama Is NOT The Same As President Bush [View all]hfojvt
(37,573 posts)and there are more than two alternatives
That was the false dichotomy that Bush liked to use. Either we invade Iraq or the alternative is to do nothing.
No, for pig ignorance, look at this kind of crap - spin for the rich.
"Higher taxes on individuals earning $400,000 and on families making $450,000 or more. Under that threshold, the Bush-era tax cuts will be permanent for all but the wealthiest households."
"Higher taxes on individuals" - compared to what? "Higher" compared to where they were AFTER the Bush tax cuts, not "higher" compared to where they were BEFORE the Bush tax cuts. Compared to where they were before the Bush tax cuts (you know, the tax cuts that I hate, because I prefer Bush
) - compared to THAT, taxes for the rich are much lower.
Again that pig ignorant bullsh*t -"Under that threshold, the Bush-era tax cuts will be permanent for all but the wealthiest households."
is a load of crap. Why?
Because the Bush tax cuts are ALSO permanent for the wealthiest households. In fact, the permanent tax cuts are MUCH LARGER for the wealthiest households.
You see, both Rush Limbaugh, Mitt Romney and myself get to keep our Bush tax cuts on our first $400,000 in income.
Except for one tiny little problem - I only have about $27,000 in income, and taking away exemptions and deductions, I only have about $18,000 in taxable income.
So Mitt and Rush get tax cuts on about $380,000 more income than I do. Mitt also has about $5 million in income from dividends. Thanks to Obama those dividends are taxed at only 20% instead of at 39.6% like they were before Bush. Cha-ching! Hey, Romney just got PERMANENT tax cuts of $980,000 a year. And I am supposed to believe Obama raised his taxes?
And Obama CUT the estate tax by some $400 billion and claims that he RAISED it.
ATRA gives over the next decade
$1.3 trillion in permanent tax cuts to the richest 5% (oh, but because their tax cut got reduced from $1.9 trillion to $1.3 trillion I am supposed to believe their taxes went UP.)
$2.4 trillion in tax cuts to the richest 20%
$0.6 trillion in tax cuts to the bottom 60%
Most of the benefits go to the TOP, and I am supposed to believe Obama when he says he is always fighting for the bottom or the middle? He fought for tax cuts that favor the rich and lied and lies and claims that it favors the middle class. THAT is what makes him a traitor to the working class - the fact that he is serving the rich and lying to the working class.
Oh, and nice article from the M$M. I am sure I can always trust David Bradley (owner of the National Journal) to fight for the little guy. It's not like he is worth $500 million or something. Who are you gonna believe, a multi-millionaire's magazine, or some lying statistics?