I was just bitching about this propaganda (well, its source) the other day.
a.) Any site that refers to the 'death tax' or 'Obamacare' is clearly and obviously slanted and not very trustworthy.
b.) So, a lot of these cuts were temporary cuts put in place by previous administrations, who made them as temporary cuts (and, I note, made no attempt to balance the budget by cutting spending elsewhere.) Those temporary cuts are expiring. And somehow, that counts as a tax hike?
c.) The estate tax (a.k.a. the 'death tax') thing cracks me up. Republicans love to bitch about it. It doesn't kick in until someone's estate, after everything else is taken out, exceeds $1 million. It really, really only affects the very rich. But bitching about a death tax sure gets everyone up in a tizzy!
a) the source definitely is slanted. But they do have a handy link in the very first sentence to the The Joint Committee on Taxation's publication where you can fact-check.
b) Sure, it is just the expiration of a lot of the tax cuts. Technically not a tax increase. Step one.
Here is some more propaganda: “I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.” --Candidate Barack Obama, Sept. 12, 2008
“If your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.” --President Barack Obama, Feb. 24, 2009
But these still aren't tax hikes. And the previous administration never made any attempt to pay for these tax cuts. But, of course, no conservatives minded Bush's budget-busting ways back then, because Bush was a Republican.
Okay, okay, you're right. They aren't really tax increases. But I am still fully expecting some real tax increases in the near future. I am sure they will try to hide them or rename them or disguise them in any way possible but I have no doubt they are coming. I just hope nobody actually tries to go through with a VAT.
Generally speaking, I tend to find out from any source that something is going on. Then if I think it effects me, I do my own research. I'm pretty sure that site is fairly biased.
Every bit of news these days comes with some sort of bias. The key is to find out what the bias is of the source. That allows you to get a better picture of what is actually going on. In this case, I would strongly suggest that you find out as much as you can about any changes in the current tax laws.
It totally is a biased source. I don't think you can find any unbiased ones these days (if you ever could). But they do have a handy link in the very first sentence to the The Joint Committee on Taxation's publication where you can fact-check. I never would have posted it otherwise.
Comments 18
a.) Any site that refers to the 'death tax' or 'Obamacare' is clearly and obviously slanted and not very trustworthy.
b.) So, a lot of these cuts were temporary cuts put in place by previous administrations, who made them as temporary cuts (and, I note, made no attempt to balance the budget by cutting spending elsewhere.) Those temporary cuts are expiring. And somehow, that counts as a tax hike?
c.) The estate tax (a.k.a. the 'death tax') thing cracks me up. Republicans love to bitch about it. It doesn't kick in until someone's estate, after everything else is taken out, exceeds $1 million. It really, really only affects the very rich. But bitching about a death tax sure gets everyone up in a tizzy!
Reply
b) Sure, it is just the expiration of a lot of the tax cuts. Technically not a tax increase. Step one.
Here is some more propaganda:
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes,
not any of your taxes.”
--Candidate Barack Obama, Sept. 12, 2008
“If your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.”
--President Barack Obama, Feb. 24, 2009
Reply
But these still aren't tax hikes. And the previous administration never made any attempt to pay for these tax cuts. But, of course, no conservatives minded Bush's budget-busting ways back then, because Bush was a Republican.
Reply
Reply
Every bit of news these days comes with some sort of bias. The key is to find out what the bias is of the source. That allows you to get a better picture of what is actually going on. In this case, I would strongly suggest that you find out as much as you can about any changes in the current tax laws.
Reply
Reply
Leave a comment