Again, CNN seems mystified about the reasons middle class tax rates were going to rise. Which is, of course, because a while back the Democrats opposed making the cuts permanent. These guys must live in a world of constant mystery, where stuff keeps happening with no causality, just a vague belief that if it's bad, it must be Bush's fault.
I await, most likely in vain, the day when they notice that those Bush “tax cuts for the rich” are the same tax cuts they're now reporting benefit the middle class. I guess cognitive dissonance is bred out in J school these days.
posted on 01/02/2013 10:01:50 AM PST
(hoaxy dopey changey)
This stuff about temporary vs permanent tax rates is meaningless. The Bush “temporary” tax rates was the longest period of unchanged tax rates since the introduction of the income tax.
posted on 01/03/2013 10:51:25 AM PST
by Straight Vermonter
(Posting from deep behind the Maple Curtain)
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