It's Tax Day! Do you know where your obligatory "Democrats want to take all of your money" Kansas GOP email is?Thaaaaaat's right. It's time for Republicans to beat their chests and get red in the face and start screaming about how Democrats are voting for the largest tax increase in the history of time.
Which is, of course, a lie.
For starters, those tax cuts don't really help the majority of us. This report from Citizens for Tax Justice explains how the Bush tax cuts provide little benefit for the middle-class, and instead benefit the top 1% of Americans. CTJ writes:
The Bush tax cuts provide extremely wealthy families with vast benefits. The richest one percent of families will get an average tax cut of $92,000 in 2010, including cuts in income and estate taxes. The average income for families in the top one percent will be $1.6 million in 2010, and yet, the President and his allies in Congress have showered the most generous tax cuts on these fortunate families.And just what has been the result of Bush's "historic tax cuts" (for rich people)?
Meanwhile, the poorest 60 percent will get only 12-15 percent of the total tax cuts.
(A) Skyrocketing national debt
(B) Flailing economy
(C) Low consumer confidence
(D) Reduction in domestic services
(D) All of the above
So, thank you, Kansas GOP - for taking the time to remind us why you can't be trusted when it comes to the economy. Hey, at least you people are consistent.
