Endless Curiosity

February 26, 2009

Ignorant or Dishonest?

Filed under: Uncategorized — Alec @ 1:00 pm

I received an email from a friend that contained a “letter” making the rounds – A Letter from a Granddad.

The letter starts something like this: Dear Susan, The election of Obama comes down to this. Your grandmother and I, your mother, and other productive, wage-earning tax payers will have their taxes increased and that means less income left over. Less income means we will have to cut back on basic purchases, gifts and handouts.

Whoever wrote the letter is either ignorant or dishonest. Here’s something from Political Irony.

One of the interesting ironies about the economic stimulus bill that just passed is that by most any measure it is the largest tax cut in US history. It includes $282 billion in tax cuts over two years. In comparison, Bush’s largest tax cuts (in 2004/2005) totaled $231 billion.

So why did the Republicans just vote overwhelmingly against the largest tax cut in history? Obama’s tax cuts are aimed mostly at the middle class, families and people who work. While Bush’s tax cuts primarily benefited the rich.

Sigh…..

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