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Overnight Open Thread

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reine.de.tout2/19/2010 7:47:31 am PST

re: #496 Obdicut

I’d say the lower class got hit the most with that tax hike, actually. And no, a tax on a certain good is not a tax on the middle class. It’s regressive, certainly, but it’s not a tax on the middle class. You can be a member of the middle class and be totally unaffected by that tax.

You really, really look ridiculous when you one hand say that a reduction to someones tax bill isn’t actually a tax cut but on the other hand a tax hike to a single good is a tax on the middle class.

The stimulus contained large amounts of tax cuts.

Lawhawk is correct - a reduction in any individual’s tax obligation through tax credits, exemptions, or deductions the person qualifies to use is NOT the same thing as a reduction of the obligation through a cut in the tax rates, which affect everybody. It simply is not.

My opinion - it is important to be precise with our language in how we discuss things; otherwise, all sorts of confusion can occur.