TTLF: Love That Dem Middle Class Tax Cut (?) Plan!

Don’t ya just love how the Democrats are always yammering on about “tax cuts for the rich?” And how they have distorted the tax cuts as they refer to the Middle Class? And how they want to “roll back” the tax cuts on the rich? As Neal Boortz constantly states, if you get a paycheck, the Democrats think you are rich. And now they are proving it!

The tax plan that Democrats tout as middle-class tax cut would soon increase taxes for most making less than $75,000 a year, according to a congressional report.

About 71 million families in that group will pay $59 billion more in 2011, while 8 million pay nearly $3 billion less and the remaining 4 million pay the same amount as they do now, said the report by the Joint Committee on Taxation (JCT), the tax analysis office for Congress.

Of those taxpayers, most families making $20,000 to $50,000 a year — about 41 million families — will pay $32 billion more in taxes in 2011, according to the analysis of the plan introduced last month by Rep. Charles B. Rangel, New York Democrat and chairman of the Ways and Means Committee.

Got that? Depending on your definition of lower and middle classes, those 41 million families, which accounts for at a minimum of 14% of the US population, and that is just considering 1 person per family, this would affect those in the upper-lower class/lower-middle class to middle-middle class. If we are looking at 71 million families, we are, in terms of actual people, approaching at least 1/3 of the US population. So much for Democrats caring for the middle class.

Why is it always some sort of bait and switch when it comes to Democrat legislation? Even their retreat and defeat ones are dishonest, at least in left wing circles. Too bad the Democrats in Congress cannot be sued for false advertising.

The plan will not be taken up this session, but, let’s see the break down

The plan would deliver tax cuts to most middle-income families the first year but those savings would soon evaporate, replaced by rising tax bills as the provisions are fully implemented and Mr. Bush’s tax cuts expire.

The first year, according to the analysis, Mr. Rangel’s plan would deliver on its promise to soak the rich and slash middle-class taxes, hitting top earners with $73 million more in taxes while those earning less than $100,000 would save about $15 billion.

Most families will pay more by 2011, and for those making more than $50,000 a year the tax bill will rise further by 2017. About 22.7 million earning between $50,000 and $75,000 will pay $23.2 billion more in taxes that year.

Across all income brackets, more than 120 million taxpayers will pay $440 billion more in taxes by 2017, while 9 million will pay $12.4 billion less, the report shows.

Ouch! But, hey, the good news is that, of they remain in power during that time period, they could modify the tax code to hit the middle class even more! Rangle’s tax plan sure supplies a penitude of BS, eh?

Linkfest Haven, the Blogger's Oasis Image hosting by Photobucket

Do you have an interesting post? Well, go ahead and leave a trackback, with a reciprical link back to me. Otherwise, you may be forced to oil up Rangle’s hair.

Save $10 on purchases of $49.99 & up on our Fruit Bouquets at 1800flowers.com. Promo Code: FRUIT49
If you liked my post, feel free to subscribe to my rss feeds.

Both comments and trackbacks are currently closed

26 Responses to “TTLF: Love That Dem Middle Class Tax Cut (?) Plan!”

  1. You’re welcome…

    North Korea thanks the US for our assistance in thwarting a pirate attackÂ…….

  2. A Breast Lift that Likely Won’t….

    Be very careful here folks….

  3. Right Truth says:

    WMD,Soft Targets, Hip-Hop, Cocaine, and Hezbollah…

    In a report called “Terrorism 2002-2005″ and obtained by FOX News — only the second report of its kind compiled by the FBI since the Sept. 11, 2001, terror attacks — states ” Al Qaeda is looking increasingly at targeting…

  4. Democrats – One Year of Accomplishments…

    The Republican Leadership blog has listed the Democratic accomplishments for the past year. Some highlights include:
    WHAT THE DEMOCRATS HAVE BEEN UNABLE TO ACCOMPLISH
    Democrats Have Not Sent One Appropriations Bill To The President
    The Pending Nomina…

  5. […] to The Virtuous Republic, Rosemary’s Thoughts, guerrilla radio, Right Truth, The Populist, Pirate’s Cove, The Pink Flamingo, Big Dog’s Weblog, The Amboy Times, Leaning Straight Up, High Desert […]

  6. […] The Virtuous Republic, Rosemary’s Thoughts, guerrilla radio, Right Truth, The Populist, Pirate’s Cove, The Pink Flamingo, Big Dog’s Weblog, The Amboy Times, Leaning Straight Up, High Desert […]

  7. Thanks and Praise from Iraq, by Michael Yon…

    I find this quite amazing and encouraging. Do you think we’ll ever see this on the evening news? Yes. Sadly, me neither. It does not fit the mold of the sectarian civil war. That is why it is so important that we have people such Michael Yon on the g….

  8. Rosemary says:

    Oh my! I know we cannot afford another Clinton tax cut for the middle class! lol.

    BTW, didn’t we come over here, in part, to throw off the caste system England had? Hmm…dang commies.

  9. […] to Nuke’s, Perri Nelson’s Website, Rosemary’s Thoughts, Right Truth, Pirate’s Cove, Leaning Straight Up, The Amboy Times, High Desert Wanderer, Right Voices, Gone Hollywood, and The […]

  10. […] to Perri Nelson’s Website, guerrilla radio, Right Truth, Pirate’s Cove, The Pink Flamingo, Leaning Straight Up, Big Dog’s Weblog, Right Voices, and Gone Hollywood, […]

  11. […] Beltway, Perri Nelson’s Website, Rosemary’s Thoughts, Woman Honor Thyself, Right Truth, Pirate’s Cove, Leaning Straight Up, The Amboy Times, Dumb Ox Daily News, High Desert Wanderer, Right Voices, The […]

  12. 123beta says:

    Bush’s Resignation Speech…

    This is a nice find by ChrisCam (who got it from Common Sense and Wonder) ……

  13. They use tax cut in the same manner as “making abortion safe and rare.”

  14. A culture of life?…

    Thank GOD that the state Supreme Court recognizes that a doctor’s mission is to promote life and not death. At least in this case….

  15. The Picture of Antioch College: A Tragedy of Manners…

    The beautiful campus and stately trees of Antioch College are the face of Dorian Gray, while the managerial, financial and educational disaster detailed in Charlotte Allen’s Death by Political Correctness, are the horrifying portrait hidden under…

  16. […] Populist, The Amboy Times, Pursuing Holiness, Nuke’s, Allie Is Wired, Woman Honor Thyself, Pirate’s Cove, The Pink Flamingo, Dumb Ox Daily News, High Desert Wanderer, Right Voices, Gone Hollywood, and The […]

  17. The Lyrical Terrorist…

    This British Muslim woman convicted of penning poems about beheadings calls herself The Lyrical Terrorist. She has written reams of poetry on the internet expressing her desire to become a martyr and her enjoyment of watching beheading videos. She de…..

  18. Foreign Service Officers Don’t Want to Serve at Ba…

    Courage is a scarce commodity. It is so rare that we are finding ourselves with an under manned armed services these days and we have diplomats who donÂ’t want to do their jobs because it might be dangerous. They havenÂ’t minded cashing their paychecks…

  19. […] Straight Up, The Amboy Times, Pursuing Holiness, Nuke’s, Allie Is Wired, Woman Honor Thyself, Pirate’s Cove, The Pink Flamingo, Wolf Pangloss, Dumb Ox Daily News, High Desert Wanderer, Right Voices, Gone […]

  20. […] Pursuing Holiness, Nuke’s, Allie Is Wired, Woman Honor Thyself, The World According to Carl, Pirate’s Cove, Wolf Pangloss, Dumb Ox Daily News, High Desert Wanderer, Right Voices, and The Yankee Sailor, […]

  21. […] Times, Pursuing Holiness, Nuke’s, Allie Is Wired, Woman Honor Thyself, The World According to Carl, Pirate’s Cove, Blue Star Chronicles, The Pink Flamingo, Wolf Pangloss, Dumb Ox Daily News, High Desert Wanderer, […]

  22. The Knucklehead of the Day award…

    Today’s winner is Mascoutah District 19 Superintendent Sam McGowen….

  23. Rosemary says:

    Ah, but did anyone ever ask the question, “Is it moral”? Our Founding Fathers, the Bible, most thinking reasonable human beings can answer this with quite ease. I suppose that is what makes it too complex for us? LOL (abortion)

  24. “Moral” is not a word that can be used with most Liberals. Which is, yes, why they always try to, or at least say, the issue is too complex.

  25. […] to The Virtuous Republic, Rosemary’s Thoughts, guerrilla radio, Right Truth, The Populist, Pirate’s Cove, The Pink Flamingo, Big Dog’s Weblog, The Amboy Times, Leaning Straight Up, High Desert Wanderer, […]

  26. […] Linked to: Rosemary’s Thoughts / Hollywood Outside / Leaning Straight Up / Amboy Times / Pirate’s Cove / Yankee Sailor Share […]

Pirate's Cove