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Obama's Tax Cuts - What the Right Doesn't Understand
The right-wing is all a-twitter about Obama's claims that 95% of people will get a tax cut.
"How can they get a tax cut if a quarter of all workers pay no income tax at all?" they scream with righteous indignation. "It's a hand out! It's redistributing wealth!"
Oh really?
Contrary to popular conservative belief, there are many more taxes out there than just income taxes, and many of these taxes are disproportionally more punitive to those who make lower incomes.
Low income earners pay the same taxes on a gallon of gas that middle and upper class earners pay, and it's a much higher percentage of their income.
These same low income earners pay all of the same federal taxes as higher income earners. Excise taxes, tarriffs that are passed along to consumers, energy taxes to heat their homes...the list goes on and on.
So if they get a rebate from the government, as Senator Obama suggests, aren't they really getting a rebate on the taxes they are paying that are not income taxes? Or am I missing something here?
"How can they get a tax cut if a quarter of all workers pay no income tax at all?" they scream with righteous indignation. "It's a hand out! It's redistributing wealth!"
Oh really?
Contrary to popular conservative belief, there are many more taxes out there than just income taxes, and many of these taxes are disproportionally more punitive to those who make lower incomes.
Low income earners pay the same taxes on a gallon of gas that middle and upper class earners pay, and it's a much higher percentage of their income.
These same low income earners pay all of the same federal taxes as higher income earners. Excise taxes, tarriffs that are passed along to consumers, energy taxes to heat their homes...the list goes on and on.
So if they get a rebate from the government, as Senator Obama suggests, aren't they really getting a rebate on the taxes they are paying that are not income taxes? Or am I missing something here?
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