12-10-2010, 12:58 AM
Dakota wrote:
There are no tax cuts. Stop repeating a fallacy. The correct way of saying it is keeping taxes what they are won't create jobs. You have to actually cut them.
Taxes have been cut for most taxpayers. My family will owe less in 2011 than we will for 2010, assuming the same income. That is a cut. It is not "staying the same," it's a cut.
Here is the chart. Look at the numbers on the far right. The first column is the benefit from "Make Work Pay," Pres. Obama's tax cut, which is set to expire. The second column is the benefit from the 2% reduction in payroll taxes. Notice that everybody earning more than $30K benefits MORE with the new payroll tax deduction.
Why aren't you excited about this? We thought you loved lower taxes, especially for high earners.
http://www.taxpolicycenter.org/numbers/d...Docid=2866&DocTypeID=7