McConnell’s ‘Middle Class’ Tax Cut Gives 10 Times More To Mega-Rich Than To Middle Class Families»

Ichingcarpenter

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Wed Jan-07-09 02:22 PM
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McConnell’s ‘Middle Class’ Tax Cut Gives 10 Times More To Mega-Rich Than To Middle Class Families»

On Sunday, during an appearance on ABC’s This Week, Senate Minority Leader Mitch McConnell (R-KY) proposed cutting the 25 percent tax bracket to 15 percent as part of an economic recovery, a move which he claims would cut taxes for “the middle class”:

But Republicans, by and large, think tax relief is a great way to get money to people immediately. A possibility would be to take a look at the 25 percent rate currently applied to the middle class, lower it to 15 percent.

While McConnell’s proposal would provide some limited ‘immediate’ relief, his cut would disproportionately benefit the super rich, not middle class Americans.

http://wonkroom.thinkprogress.org/2009/01/07/mcconnell-middle-class/

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spanone

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Wed Jan-07-09 02:23 PM
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1. this is what republicans do...

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baldguy

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Wed Jan-07-09 02:27 PM
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2. Well, for the GOP "middle class" starts at $2M/yr.

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KansDem

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Wed Jan-07-09 02:29 PM
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3. Haven't we tried this before?

And we discovered in the name of "trickle-down economics" that the wealthy will take their "tax cuts" and hide them in off-shore bank accounts to avoid paying what little taxes they're required to pay.

And now the GOP wants to do this again? :crazy:

Republicans:
We tried it your way;
It didn't work.

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OHdem10

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Wed Jan-07-09 02:55 PM
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4. Same old same old and watch the Dems cave.

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ljm2002

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Wed Jan-07-09 03:38 PM
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5. What I want to know...

...is why the f*** anyone, anywhere is listening to what Dweeb McConnell has to say in the first place? Why does he get any air time? Why is anyone lending an ear to his ridiculous ideas on tax cuts, etc.?

We've been doing the things that he and his ilk prescribed for the last 8 years. It's brought us, and the world, to the brink of financial ruin. So yeah, let's just "reach across the aisle" and do more of it...

Gaak.

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