Taxes at lowest levels in 60 years
Despite big tax cuts included last year's economic stimulus package, the latest CBS News/New York Times poll finds that as many as 34% of Americans think President Obama raised their taxes.
William Gale, head of the Tax Policy Center at the Brookings Institution, tells CBS News that federal taxes are actually "at their lowest levels in 60 years."
Said Gale: "The relation between what is said in the tax debate and what is true about tax policy is often quite tenuous. The rise of the Tea Party at at time when taxes are literally at their lowest in decades is really hard to understand."
Why don't facts matter, anymore? Does it have anything to do with anti-fact Fox Pretend News? Our politics is now like a phony cage-wrestling match, where nothing is as it seems but people scream and yell as though it were real. In each case, the promoters get rich, as culture, truth and honesty go down the drain.
William Gale, head of the Tax Policy Center at the Brookings Institution, tells CBS News that federal taxes are actually "at their lowest levels in 60 years."
Said Gale: "The relation between what is said in the tax debate and what is true about tax policy is often quite tenuous. The rise of the Tea Party at at time when taxes are literally at their lowest in decades is really hard to understand."
Why don't facts matter, anymore? Does it have anything to do with anti-fact Fox Pretend News? Our politics is now like a phony cage-wrestling match, where nothing is as it seems but people scream and yell as though it were real. In each case, the promoters get rich, as culture, truth and honesty go down the drain.
posted by ricksahm @ 2:38 AM
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