The Unknown Tax Cut

[babylonsister]

http://politicalwire.com/archives/2010/10/19/the_unknown_tax_cut.html

October 19, 2010

The Unknown Tax Cut


New York Times: "In a New York Times/CBS News Poll last month, fewer than one in 10 respondents knew that the Obama administration had lowered taxes for most Americans. Half of those polled said they thought that their taxes had stayed the same, a third thought that their taxes had gone up, and about a tenth said they did not know."

[DJ13]

1. The tax cuts were too small to be noticed by those in the bottom brackets

With the variations in hours worked by hourly employees a few dollars here or there wont have much impact.

[doc03]

2. I thought that from the beginning he should have given

everyone a rebate instead of a few bucks more on each check, most people never even noticed. The Democrats did a horrible job educating the people about the Stimulus and the HCR bill. I bet there isn't 10% of the people that know 1/3 of the Stimulus was tax cuts.

[ProSense]

3. Don't agree.

People got $400- $800 lump-sum surprises on at tax time. There were comments all over the Internet.

People were jumping for joy and the media hyped the $300 checks from Bush. There were all those ridiculous commericials by some retailers asking what people planned to do with the money.