CruelNUnsual
Posts: 624
Joined: 9/28/2008 Status: offline
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quote:
ORIGINAL: rulemylife quote:
ORIGINAL: CruelNUnsual Huh? Canceling a tax increase that were never paid in the first place IS NOT a tax cut. If it wasnt in that article then in another one the analogy is made to a family that plans a $10,000 vacation every year, doesnt take them, and says they "saved $10,000". Letting a tax cut that actually was implemented expire IS a tax increase. People with the same income will pay more taxes than they did the year before. That is the definition of a tax increase. The only one biased around here is you. As always. Well, regardless of whether you think I am biased or not, let's try this again. Suppose the main breadwinner in the family was awarded a $10,000 a year bonus for an eight-year project he was working on. He knew from the start this was a limited bonus that would expire when the project was complete. Would you say he just had a pay cut, or did his pay structure revert to his normal salary? Bad analogy. The sunset of the tax cuts was only a mechanism to limit the period of the projections needed to determine that it was revenue neutral. Bush's intention was that it be permanent. A more apt analogy would be that the breadwinner was awarded a $10,000 bonus for an eight year project, which would be continued if the project was still funded after 8 years. The project in this case is the gubment, which is certainly still funded..in fact will have to be funded to the tune of an extra $10 trillion under the Blowboy budget. Under that more apt analogy it is a pay cut.
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