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Is the real reason Democrats want to extend the tax cut for the middle class that 80% of bush tax cuts went to?
people making less then 250,000? It would show that the Democrats lied when they said the majority of the tax cuts went to the rich? If nothing is done taxes will go up 400 billion. If the taxes go up on people making more then 250,000 it will only gain 80 billion.
Flower - Aren't we talking Tax Cuts not unemployment? Liberals love to confuse the issue.
2 Answers
- Larry GLv 68 years agoFavorite Answer
Numbers mean nothing to the democrats all they know is they need more money to keep on spending money and they care nothing about this country .. They proclaim they want to help the poor or give it all to the poor .. what ya gonna do when we are all poor standing in a gov provided soup line? That is where we are headed i think .. But hey who am i anyway just a guy that has paid taxes and social security for the last fifty years is all ..
- ?Lv 78 years ago
When they say the majority of tax cuts went to the rich, they mean that the rich saved the most money from those tax cuts of 4% but they expired in 2010. Pres Obama tried to get them restored for income earners under $250K but Repubs wanted to keep them for everyone which is what happened. In return Pres Obama got extended unemployment benefits, historic 99 weeks.
