Obama’s Tax Cut For 95% Of The 50% Who Don’t Pay Taxes Anyway
October 17, 2008 / 7:56 am • By Dr. Melissa ClouthierIt’s absurd. The statement is patently absurd. I didn’t see the debate, but I doubt McCain stomped on the silliness when Obama, no doubt, said the focus-grouped statement again. Why else would Obama say it so much? It must be a homerun for the people sitting in those groups.
Anyway, finally, someone is addressing this nonsense. The Wall Street Journal took it on and now Philip Klein tries to get some straight talk from the Obama people. Guess how successful he was?
Plouffe was repeating one of the boldest claims made by the Obama campaign. It’s a claim that the Wall Street Journal editorial board dubbed “Obama’s 95% Illusion,” noting that more than a third of Americans don’t pay any income taxes, and that what Obama’s plan does do is offer a raft of subsidies and government payments to individuals and families that he redefines as “tax cuts.” His proposal looks more like a redistribution scheme than an honest effort to reduce taxes — as he revealed on Monday when he told a now famous Ohio plumber that his plan aimed to “spread the wealth around.”
Read the whole thing. Also consider this: Not one major media source outside of the WSJ has questioned this patently absurd number. Not. One. The first time I heard it, it was such an obvious question, considering this (go look–it’s the chart of who pay taxes). How could 95% of Americans get a cut? 95% don’t even pay taxes.
Cross-posted at Right Wing News
2 Responses to “Obama’s Tax Cut For 95% Of The 50% Who Don’t Pay Taxes Anyway”
October 17 2008 / 8:37 am
Reply
which is why BLOGS are now more relevant then the media
October 17 2008 / 8:41 am
Reply
The Wall Street journal makes a good point.
But you’re headline is misleading, the working poor certainly doe pay taxes. Even without income tax, FICA, sales, gas and other taxes, are a large part of their income.
I have not researched it, but I wouldn’t be surprised if it isn’t higher than millionaires who live off of investment income.