Sure the Middle Class Will Benefit from Tax Cuts
From Atrios:
Lying like a rug on the tax cuts
David Rosenbaum of The Newspaper of Record (when they axe Lelyveld, that is) has a great headline:
Bush May Have Exaggerated, but Did He Lie?
My goodness gracious, are such things possible?!
What is more important is that the tax relief most people will receive is quite meager, hardly the impression the president sought to leave when he campaigned around the country for the plan.
Mr. Bush kept emphasizing the tax benefits for people with modest incomes, not the more extensive tax relief he wanted for the well heeled. He often had onstage with him a couple with two children and an income of $40,000 or $50,000 whose taxes would be cut by more than $1,000, mostly because of the increase in the child tax credit.
