Quote:
Originally posted by Dagnabit
I didn't realize how much Bush's tax cut was for. Now that I've seen it I think it is awesome. For one thing, it's huge. For another thing, no matter what the TV pundits say, and they will press the idea that it's a cut for the rich, it's really a middle-class cut more than anything.
Plus, the idea of making it retroactive so that it can help the economy in the near term is beautiful.
I'm very optimistic. This should be a good one if they can get it passed!
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*reading the Inky*
According to the way this is presented, a single person with no children will save $300 a year (based on an income of $25,000). So I'm going to save just over this amount per year...whoopee freakin do. And they're using $50,000 per year for a two-worker family with two children. But the average family income here is like $34,000. The cut really doesn't seem to add up to much. I guess money saved is money saved...but still.