Thursday, December 16, 2010

"Tax Cuts" for The Rich

Boston Herald's Michael Graham comes up with a great illustration:

The tax deal Democrats keep claiming will “cut taxes for the rich” doesn’t cut taxes at all. It keeps rates the same. Unchanged. As in, “not lower than they are now.”

Of course I realize that tax rates are scheduled to rise, but not letting them rise isn’t a “cut” anywhere outside Washington. I’ve never seen an advertisement that said “C’mon down for big savings at the ‘We were going to raise prices but decided not to!’ sale!”
That there's pur-a-dee gold. :-)

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