General Discussion
In reply to the discussion: Right-wing obstruction could have been fought: An ineffective and gutless presidency’s legacy [View all]hfojvt
(37,573 posts)while you sit there and defend the loophole that Obama made permanent? - the favorable treatment of dividend income?
I've already spent tons of time looking at tax statistics. http://journals.democraticunderground.com/hfojvt/169
And impugning the ancient history of a "lobbying group" is not much of an answer to their statistics. You mean they only complained about the Bush tax cuts being made permanent because they support Reaganomics?
Based on the logic and rhetoric and data of both groups, I trust CTJ far more than I trust the Obama administration.
Obama administration says this "permanent tax cuts for the rich (that is, making 85% of the Bush tax cuts permanent) are a tax increase compared to making 100% of the Bush tax cuts permanent".
Which is pure spin, because making 85% of the Bush tax cuts permanent is a TAX cut compared to making 0% of the Bush tax cuts permanent.
Simple question - WHO gets most of the benefits from making 85% of the Bush tax cuts permanent?
Obama won't tell you. CTJ will.