4.15.2010

Tax Day Tea Party lies: 95% of America got a tax cut, but only 12% know it

Ahead of the wingnuttia surely sprouting today like spring weeds, here is a compilation of the TRUTH about taxes in 2010 under the Obama Administration:
"The only tax I think that has been put in place so far is an increase in the federal cigarette tax. I can't think of another Obama tax that has gone in place so far," said Chris Edwards, Director of Tax Policy Studies at the conservative Cato Institute. "I would say that people are angry because big taxes are coming down the road because of the gigantic deficit built up under Bush and continued under Obama."

The non-partisan Center for Budget and Policy Priorities reported on Wednesday that "Middle-income Americans are now paying federal taxes at or near historically low levels." How low? The average family of four right now is paying 4.6 percent of its income in federal income taxes -- the second lowest percentage in 50 years.


A report from the White House Council of Economic Advisers, meanwhile, asserts that the president's economic stimulus package has sent more than $200 billion in tax relief and other benefits to mainly middle- and lower-income families since its passage.

Citizens for Tax Justice, a self-described non-partisan organization, released a report on Tuesday that read: "The 2009 economic stimulus bill actually reduced federal income taxes for tax year 2009 for 98 percent of all working families and individuals." This total includes the 95 percent of working families that will or have received tax credits in the range of $400 to $800.

The health care bill passed by the administration, meanwhile, includes a tax credit that could cover up to 35 percent of the premiums a small business pays to insure its workers. The Recovery Act, meanwhile, included such tax breaks as a $1,500 credit for home energy improvements, and an $8,000 credit for first-time home buyers.

Yet polling numbers indicate that Americans are barely aware of these developments. Indeed, a good chunk of the country believes it has been saddled by this administration with tax hikes. Back in mid-February, a full 24 percent of respondents to a CBS News/New York Times poll said that their taxes had increased under Obama. Fifty-three percent said they had stayed the same. Only 12 percent thought their taxes had gone down.

"Belief is triumphing over reality," explained Bob McIntyre, director of Citizens for Tax Justice. "Part of it is they watch the wrong television shows and believe it.

"Obama passed 25 separate tax cuts," Sheryl Stein, founding member of "The Other 95%" said in a statement announcing the group's plans, "including $300 billion in middle class tax cuts -- one of the largest in history - as part of the stimulus package. Unlike President Bush's 2001 tax cuts, which went to the wealthiest 2.2%, President Obama's tax cuts overwhelmingly benefit working and middle class families -- in fact, 95% of all Americans."

And there is some indication that Americans are satisfied, generally speaking, with the current trade-off between their tax burden and the benefits that government provides. "Just ahead of Tax Day, a new New York Times/CBS News poll finds that most Americans regard the income taxes that they will have to pay this year as fair, regardless of political partisanship, ideology or income level," the Times reported.

Perhaps even more surprising, though, is that even among the 18 percent of Americans who say they support the Tea Party movement, more than half call their own income tax fair. Sentiment turns more sour, however, among the smaller group of Tea Party supporters who are active in the movement. Most of them, 55 percent, regard the income tax they have to pay as unfair. Thousands of Tea Party supporters gathered in Boston today for a rally near the original site of the Boston Tea Party.
Of course, they're not gonna let a little thing like the truth stop them. Oh no - the truth is fe those academic thinkin' types





PS - I hate Alians too.

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