Pundits are outraged because Jon Stewart gets so much attention. Well yeah, assclowns because Jon Stewart actually reports on what is said by politicians and then contrasts it with what is real. Why is that so shocking?
I'm tired of hard working middle class people telling me that they are enjoying their tax cuts. Check this out:
THE DAILY MIS-LEAD
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BUSH MISLEADS ON DISTRIBUTION OF TAX CUTS
As a presidential candidate in 2000, George W. Bush pledged his tax cut
proposals "are especially focused on low and moderate income families."[1]
Those proposals became law - but a new study by the non-partisan
Congressional Budget office reveals that Bush mislead America about their
distribution.[2]
According to the CBO study, the wealthiest 1 percent of all taxpayers -
whose earnings average $1.2 million - are receiving an average tax cut of
$78,420 this year.[3] Meanwhile, the middle 20 percent of taxpayers - whose
earnings average $51,000 - are getting only a $1,090 cut.[4] Those in the
bottom 20% - averaging earnings of $16,620 - get just a $250 cut.[5] The
result: "President Bush's tax cuts have shifted federal tax payments from
the richest Americans to a wide swath of middle-class families."[6]
Sources:
1. "A Tax Cut with a Purpose," GeorgeWBush.com, archived from 11/2000,
http://daily.misleader.org/ctt.asp?u=1941297&l=50505.
2. "Effective Federal Tax Rates Under Current Law, 2001 to 2014,"
Congressional Budget Office, 08/2004, http://daily.misleader.org/ctt.asp?u=1941297&l=50509.
3. "Report Finds Tax Cuts Heavily Favor the Wealthy," New York Times,
08/13/04, http://daily.misleader.org/ctt.asp?u=1941297&l=50506.
4. Ibid, http://daily.misleader.org/ctt.asp?u=1941297&l=50506.
5. Ibid, http://daily.misleader.org/ctt.asp?u=1941297&l=50506.
6. "Tax Burden Shifts to the Middle," Washington Post, 08/13/04,
http://daily.misleader.org/ctt.asp?u=1941297&l=50507.
Visit www.Misleader.org for more about Bush Administration distortion.
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