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Pastimes : Let's Talk About Our Feelings!!!

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To: epicure who wrote (90833)12/7/2004 6:04:19 PM
From: J. C. Dithers  Read Replies (1) of 108807
 
Ion, you are simply wrong. The new proposal would eliminate a 1040 deduction for all taxpayers across the board in all 50 states. The ONLY reason it impacts blue states more is that rich people generally take (and would lose) a bigger deduction and more rich people live in blue states.

The earlier Bush tax cut was across the board too, but liberals argued that rich people got a greater benefit from it. If rich people did, then it benefited the blue states more because they had more rich people. (The benefit of a tax cut is that it gives people more discretionary income to spend, and this results in an economic boost as well as more revenues for states/towns through sales taxes).

The (1) tax cut and (2) new proposal operate in precisely the same way, except in opposite directions.

You have to abandon logic and consistency to support both, or to oppose both.

That raises the question of why the president would support both. Of course, he hasn't said he does. But if he does, you don't get to criticize him TWICE -- it would mean that he is reversing the benefit he gave to the rich in the first place.
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