In response to:

Obama Administration Misleads the Country on Tax "Cuts"

McGovern Wrote: Nov 19, 2012 2:49 PM
ModerateConservative, You wrote, "The conservatards here somehow think it's stealing to make rich people pay the SAME TAX RATES as the middle class." Please explain. The rich people pay a higher rate on their earned income than most Americans. They also pay the same rate or a slightly higher rate on capital gains than most Americans. Where do you get this about the rich not paying the same tax rates? They pay higher.
Illbay Wrote: Nov 19, 2012 3:13 PM
He's alluding to the false notion that "the rich" pay "less" because of "loopholes."

Ironically, the "loopholes" argument is what the GOP is making, and it is being rejected by the Democrats.

The "rich" do pay more than "the not-rich." That's a fact. Everything else is just spin.

The White House is promoting the extension of the Bush Tax Cuts for the middle class (which should really be called the Obama-Bush Tax cuts, since Obama extended them in 2010) as exactly that, tax cuts. But the truth is, an extension of the tax cuts wouldn't be a cut at all, but would keep tax rates at the current rate. The Obama admnistration is implying on the official website that a tax cut is coming for the middle class when in reality if a deal is made by January 1, middle class families won't see a tax...