
http://www.jibjab.com/lowband/default.htm
dick cheney in overalls playing the bass fiddle makes me laugh
see how you tempt me so....Jabe Adaks wrote:You didn't make any political styatements, you just linked. I guess I can keep from modding you today...
Jabe
well only the financially top 1% of people will get the tax breaks, and I don't think you qualify...X'an Shin wrote:This one just felt forced. Like, the digs weren't even funny.
I'm all "But I WANT tax breaks. Who doesn't like tax breaks?"
I don't know. Maybe I'm just a closet Republican or something.
So I'm not going to get my extra $500 for a total of a $1000 deduction for my baby because I'm not a top 1% money earner?Skarr wrote:well only the financially top 1% of people will get the tax breaks, and I don't think you qualify...X'an Shin wrote:This one just felt forced. Like, the digs weren't even funny.
I'm all "But I WANT tax breaks. Who doesn't like tax breaks?"
I don't know. Maybe I'm just a closet Republican or something.
and also anyone knows:Half of all Americans will receive less than $100 from the tax cut in 2003, according to Citizens for Tax Justice. But Americans making $1 million or more will receive $93,500 from the tax cut, according the Tax Policy Center.
Over the next four years, the bottom 60 percent of taxpayers will receive just 9 percent of all the tax cuts, while just the top one percent receives 39 percent of the tax cuts. The tax cut benefits flowing to the top 1% far outpace the 23% share of federal taxes they now pay.
The distribution of tax cuts do not get better with age. The tax cuts targeted at middle- and low-income families sunset, or disappear, after 2004. As a result, in 2006, 52 percent of the Bush tax cut goes to the wealthiest 1 percent of Americans.
The length and skew of the tax cut is probably the worst possible way to stimulate the economy. For tax cuts to work as an economic stimulus, they should immediately put money into the hands of those most likely to spend it: middle- and low-income families.