Tax Day Fact Check: Most Americans Got A Tax Cut This Year
On Tuesday, a wave of protesters, upset with overly-burdensome taxation by the federal government, are set to descend on the nation's capital to express their displeasure.
But does their anger reflect the truth about today's tax rates?
After all, neutral economists insist that, under the Obama administration, the overwhelming likelihood is that your tax burden has gone down, not up. Even conservative economic analysts acknowledge that there really is no basis for middle- and working-class Americans to believe that they're suddenly paying more.
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"Belief is triumphing over reality," explained Bob McIntyre, director of Citizens for Tax Justice. "Part of it is they watch the wrong television shows and believe it. Part of it is the tax cut that went to almost everybody, the making work pay credit, was dribbled out... people didn't get a check. They paid lower taxes and might not have noticed it.
"It is like arguing whether Jesus rose from the dead," McIntyre concluded. "If you believe it, you believe it."
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"Obama passed 25 separate tax cuts," Sheryl Stein, founding member of "The Other 95%" said in a statement announcing the group's plans, "including $300 billion in middle class tax cuts -- one of the largest in history - as part of the stimulus package. Unlike President Bush's 2001 tax cuts, which went to the wealthiest 2.2%, President Obama's tax cuts overwhelmingly benefit working and middle class families -- in fact, 95% of all Americans."
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http://www.huffingtonpost.com/2010/04/15/tax-day-2010-protesters-i_n_538556.htmlI've seen the group "
http://theother95.com/about-us/">The Other 95%" mentioned a couple of times today here on DU and at Huffington Post. They seem to be the only (semi)organized effort to counter the idiocy of the teabaggers at their DC rally today. I thought I'd take a closer look because it is high time we do something to asnwer the idiocy of the teabag bowelmovement with facts and compassion for all people no matter their color or lifestyle and for the Democratic majority in government to do what they were elected to do. Click on the link and check 'em out and let me know what you think or find out about them. Meanwhile, here's a pic of their counter rally today in DC (click on the image for more):
http://theother95.com/2010/04/15/a-couple-images-from-our-first-rally/">