GOP Tax cut deal: $20 for middle class; $42,000 for the rich

[Robbien]

"This indefensible agreement provides a windfall for the best- off but little or nothing for most other Americans, relies on budget gimmicks to help mask its long-term costs, and will further increase our already large and unsustainable deficits. Analysis by the Urban Institute - Brookings Tax Policy Center show that the agreement will provide an average tax cut of just $20 to Americans in the middle of the income spectrum, while showering tax cuts that average $42,000 on people who make more than $1 million a year. Analysis by the Tax Policy Center also finds the legislation will increase long-term deficits.

"This conference agreement comes just a few months after Congress enacted budget cuts affecting millions of lower- and middle-income families and elderly people. It's now clear that those budget cuts served merely to pay for a fraction of these tax cuts, not to reduce the deficit.

"Congress has once again chosen the wrong priorities for our country, worsening our already serious fiscal problems and further widening the gaping disparities between the best-off and other Americans."

http://releases.usnewswire.com/GetRelease.asp?id=65487

[partylessinOhio]

1. That seems fair.

:sarcasm:


Why do millionaires need $42,000? Gas money?

[DRoseDARs]

2. No, jet fuel. n/t

[poverlay]

3. Probably to buy snappy uniforms for the people delivering the fuel. n/t

[MichiganVote]

5. Sniff...but it only covers the cost of 1 domestic flight (whine, whine)

[Kansas Wyatt]

6. Well, jet fuel for their Lear jets

And gas money for their Hummers and Escalades. You know, all that expensive stuff that the little people never have to worry about. After all, the gas card they give Jeeves to fill up the fleet with, isn't paid with Monopoly money, and the airport fuel bill isn't paid with the money that falls off the trees on their estate. For Christ's sake, don't you little people have any mercy?:sarcasm:

[SammyWinstonJack]

7. Gas money? lol Money for luxury vacations and 2nd or 3rd vacation homes

or luxury yachts or whatever else the filthy rich spend their money on? I'm thinking gas money is the least of their concerns. :rofl: $42,000 tax cut?,,,,:rofl: Didn't Cheney get a 1.6 million tax cut? and isn't he among the richest 1%? This is what the greedy filthy rich get while the working poor go without and the middle class shrink, while sending their kids to die for bush's base, the Elite, the haves and have mores! Hey working class FReeps, had enough yet? YOU MORANS! :spank:

[LSK]

4. IM GOING TO BE SICK!!!

:puke: :puke: :puke:

[AllieB]

8. Despicable

:wtf:

[Robbien]

9. Kicking up for the morning crowd. n/t