This blog is of, by and for the progressive members of our Jefferson County community. Our mission is to provide information about fellow progressives for all to view, to provide a forum for forward looking candidates and to offer other varied items of interest. Your opinion is important to this blog and if you wish to write us an item or send us a picture please email it to watertownwizards@yahoo.com THIS BLOG IS NOT AN OFFICIAL BLOG OF THE JEFFERSON COUNTY DEMOCRATIC COMMITTEE

Sunday, April 18, 2010

98% of workers actually got a 'tax break' this year--chew on that while you drink that tea.

Let's quote from the Citizen's for Tax Justice pdf.

According to a recent CBS News/New York Times poll, the vast majority of Americans do not perceive that they have received a tax cut from President Obama. Asked if the President “has already raised taxes this past year,” 53 percent of those polled said that the President has “kept taxes the same,” and 24 percent think that the President has “raised taxes.” A mere 12 percent believe that the President has cut their taxes.

This is an astonishing level of misunderstanding. The truth is that the major tax cuts enacted in the 2009 economic stimulus bill actually reduced federal income taxes for tax year 2009 for 98 percent of all working families and individuals. These tax cuts saved working families and individuals an average of $1,158 on the tax returns they filed (the median tax cut was approximately $600.) [emphasis in original]

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