[laxcoach]

“The way the government now encourages 401(k) plans is to spend $80 billion in tax breaks,” which goes to the highest-income earners, Ms. Ghilarducci said.

I noticed this in the VP debate the other day. When he was asked what his admin would have to give up in their plans due to the economic crisis, he said something like we will have to give up the spending associated with some of the tax cuts we proposed and we cannot afford to spend money on tax cuts.

I was yelling at the screen. When did it become acceptable to call NOT taxing a SPENDING plan? It's like all the money that flows through my hands is really theirs. They spend money by letting me keep it. Amazing.

It would be great if this could be a 30s ad. I'm not sure how to get the idea across.

[polymuser]

When did it become acceptable to call NOT taxing a SPENDING plan?

Same time that a reduced increase became a cut.