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Originally Posted by Rhylan
Here's a question... how many of you think that Obama's "tax cut for 95% of Americans" with either...
A - be a free handout for the 40% of that 95% who currently pay nothing, and a modest cut for the remaining 45% (this is what some conservatives are trying to say right now)
or
B - be a modest tax cut for the 45% of the 95% who DO pay something, and that's it? That the "95%" jargon just means that 95% of americans make less than $250k as a family and fall under that criteria. And clearly, that Obama says it that way to make it sound better, because 95% is far better than 45%.
I actually think that it's B.. but if anybody can verifty through some written non-Republican source that it's A, I'm going to explode in a ball of rage.
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first it is not true that 40% of tax filers pay nothing. it's closer to 20%.
and yes it is political speak, when obama says "95%" he is referencing the fact that 95% of the households make less than $250,000.
it is accurate to look at the obama tax plan and see that the middle class- those who make between $50k and $150k- will see their tax liability go down, and while their tax liability will also go down under the mccain plan, the decrease is greater under the obama plan because under the obama plan the taxes on the higher income households is going to increase.