March 29, 2009
The Tax Justice Digest
- New Report from CTJ: Poor Pay More and Rich Pay Less Under House GOP Plan that Costs $300 Billion More Annually than the President's Plan
- Wrong Tool for the Job: The House Passes 90% Tax on Bonuses Paid by TARP Recipient
- International Developments and Congressional Action Turn Up the Heat on Tax Havens
- State Deductions for Federal Income Taxes: A Step Forward in Iowa, a Standstill in Alabama
- A Crack in the Granite? New Hampshire Moving Ahead on Progressive Tax Changes
- Michigan Governor Backs Graduated Rate Income Tax
- Two States Consider Offering Unproven Tax Breaks for Home Buyers
TrackBack URL for this entry:
Listed below are links to weblogs that reference The Tax Justice Digest:
What this group is proposing in the first item is larger earned income tax credits for the bottom 40% which of course means higher taxes for those who are paying federal taxes. Of course they do not word it that way, instead the chart claims "higher taxes" for those who already are not paying federal taxes. Then, later on in their comparison downplay that by stating these people pay state, payroll and other taxes which has absolutely nothing to do with whether or not they are receiving cash from those who are paying a federal tax.
Essentially, they are being dishonest in their criticism. But hey, what else is new and I am sure one of the MSM flunkies will parrot their claims once the details of the GOP plan are made public.
Posted by: Ralph Short | Mar 29, 2009 6:57:47 AM
Well, I will try again to comment on this issue as it relates to the GOP proposal. The organization mentioned, simply put, is not truthful in their presentation. The reality is the people who they sympathize with do not pay federal income taxes. Therefore, they cannot claim it costs them more under the GOP proposal. They paid nothing beforehand and they pay nothing if the GOP proposal is adopted. The only thing they do not get is an increase in the handout from those who pay taxes.
Their presentation is dishonest.
Posted by: Ralph Short | Mar 29, 2009 8:25:14 PM