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Reply #40


Response to LoisB (Reply #31)

Fri Nov 9, 2012, 04:03 PM

40. My point is

that people making over $250,000 are still getting huge benefits from this plan.

80% of this country makes less than $88,000 a year. So the people getting the benefits of those tax cuts from $88,000 to $250,000 are people in the top 20% including the top 1% which still gets to keep $40 billion a year in tax cuts.

Consider this. The Bush tax cuts expire automatically - all of them, for all incomes.

Now pass that bill that Obama wants to pass - the 73% of the Bush tax cuts bill. That bill is heavily favorable to the rich. The top 5% get $80 billion in tax cuts, and the bottom 20% get $14 billion.

How the fuck is THAT acceptable to even a conservadem, much less to a progressive? Republicans are all over the media, demanding that the $250,000 limit be raised - to infinity and beyond. Well progressives should be somewhere, at least on DU, insisting that the $250,000 limit be lowered. Instead we are given a shit sandwich and we cheer like it is really chocolate ice cream. It's NOT.

So where are the progressive voices calling for the $250,000 to be lowered? Rachel? LarryO? Colbert? Stewart?

Oh wait, all those people make way more than $250,000 a year. They are NOT on my side in this battle. Senator Baldwin? Lame duck Kucinich? McFly? Anybody? DU?

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