Friday, September 17, 2010

How Can That Be?


A little over a month ago the Ragister linked to this propaganda, from the New York Times, about the expiration of the Bush tax cuts --

Taxes would not rise for 98 percent of American households

I noted then that the federal tax bill of the average middle-income family in Iowa will go up over $1,600 if the Bush-era tax cuts expire as scheduled December 31.

The AP now reports -- A typical family of four with a household income of $50,000 a year would have to pay $2,900 more in taxes in 2011.

The same family making $100,000 a year would see its taxes rise by $4,500.

Odd how I haven't read that in the Ragister and the scientific community is united in that fact.

Also, reported is how the Bush tax cuts reduced taxes for the working poor, the middle class, and just about everyone in between and how they provided tax breaks for education, families with children and married couples.

If Congress fails to act, to extend the cuts, families at every income level will see more taxes being withheld from their paychecks come January.

It will then become the Obama - Democrat tax increase.

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