Drudge Retort: The Other Side of the News
Saturday, December 23, 2017

A reader asked whether Harris's tweet was accurate. But when we looked into it, it turns out that many Democrats were tweeting the same talking point -- that middle-class families would face an average tax increase under the GOP plan. .... But notice the funny thing about this calculation: Only a small percentage (6.5 percent) of the nearly 122 million households in the bottom three quintiles will actually face a tax increase. Meanwhile, more than 97 million (80 percent) will receive a tax cut. Doing the math the same way the JEC staff did, we come up with an average tax cut of about $450 for those 97 million households.

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Interesting ....

I also find it interesting Democrats are NOW worried about the deficit ....

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I also find it interesting Democrats are NOW worried about the deficit

Chutzpah!!!!!!!!!

GTFOOH

#1 | Posted by PinchALoaf at 2017-12-23 09:33 PM | Reply

Oh wonderful. She's back. (ROLLS EYES)

#2 | Posted by LauraMohr at 2017-12-23 09:39 PM | Reply

Depends on how you count it. If you figure a the interest on the debt created by this giveaway to the corporations and the very wealthy, in the long run taxpayers will lose money on the deal.

The GDP increase being figured by the Congress maths at .08 per year.

#3 | Posted by Corky at 2017-12-23 09:44 PM | Reply

Fake News.

#4 | Posted by ClownShack at 2017-12-23 09:49 PM | Reply

#5 | POSTED BY RIGHTOCENTER

Why are you and Andrea Mackris whining about this?

It was the same thing when Obama cut taxes. And I don't remember you both ever leading the charge over everyone agreeing that Obama had indeed cut everyone's taxes.

Chutzpah!!!!!!!!!

GTFOOH

#6 | Posted by PinchALoaf at 2017-12-23 10:04 PM | Reply

#7 | POSTED BY RIGHTOCENTER

It's not a talking point, moron.

Poll Reveals Most Americans Don't Know They Got a Tax Cut

www.cbsnews.com

CBS NEWS February 12, 2010, 1:18 PM

Here's the poll question: "In general, do you think the Obama Administration has increased taxes for most Americans, decreased taxes for most Americans or have they kept taxes the same for most Americans?"

The answer:
• 24 percent of respondents said they INCREASED taxes.
• 53 percent said they kept taxes the same
• And 12 percent said taxes were decreased.

Of people who support the grassroots, "Tea Party" movement, only 2 percent think taxes have been decreased, 46 percent say taxes are the same, and a whopping 44 percent say they believe taxes have gone up.


I've posted this link on this website, oh, I dunno, about a thousand times.

Go back to what you do best, reading Hollywood gossip in Tiger Beat.

#8 | Posted by PinchALoaf at 2017-12-23 10:31 PM | Reply

Once again, you are talking about the "tax cuts" in the ARRA, which was "ostensibly to "cut taxes" by $400 for individuals and $800 for families through reduction of withholding." The ARRA also extended a number of tax credits that were set to be extended on a yearly basis under the 2003 cuts.

There was no rate change, and it was part of the $787B stimulus package to help bail out businesses and smaller banks during the recession. That translated to $65 per month reduction in withholdings in most paychecks. Not. A. Tax. Cut.

The "tax cut" that Obama gets credit for is making the 2003 Bush tax cuts permanent.

#9 | Posted by Rightocenter at 2017-12-23 10:40 PM | Reply

This is what ARRA did on tax cuts and credits:

ARRA stimulated demand by allocating $260 billion to families. They received the funds through withholding reductions, tax credits and unemployment benefits. Most of the funds were delivered in the first two years.

Lower taxes deducted from paychecks by $400 for individuals and $800 for families through reduction of withholding. That confused many people who expected checks like the Bush Tax Cuts.

A payment of an additional $250 each to recipients of Social Security, veterans pension and Supplemental Security Income (SSI) benefits.

$70 billion to extend the Alternative Minimum Tax shelter. Congress extends it each year.

Greater access to the child tax credit for the working poor and an expanded earned-income tax credit to families with three children.

A $2,500 college tuition tax credit for 2009 and 2010.

An $8,000 tax credit for first-time homebuyers in 2009 only. (It was later extended through April 2010.)

A deduction of sales tax on new car purchases through 2009 only.

Unemployment benefits were extended for another 33 weeks.

A suspension of taxes on the first $2,400 of unemployment benefits through 2009.

The reason that the CBS poll found that people didn't realize that they had gotten a "tax cut" is that it came to $32.50 per paycheck.

#10 | Posted by Rightocenter at 2017-12-23 10:47 PM | Reply

I also find it interesting Democrats are NOW worried about the deficit ....

What do mean by NOW? During the Clinton administration there deficit was eliminated. During the Obama administration it reduced it by nearly 2/3.

Since Reagan first exploded the deficit, it has become a repeating cycle. Dem Pres reduces deficit. GOP Pres comes in and gives tax cut and spikes deficit again. The newly signed cuts are going to push there deficit back up to the level Obama inherited from Bush.

#11 | Posted by johnny_hotsauce at 2017-12-24 08:05 AM | Reply | Newsworthy 4

The reason that the CBS poll found that people didn't realize that they had gotten a "tax cut" is that it came to $32.50 per paycheck.
#10 | POSTED BY RIGHTOCENTER

The reason people didn't know Obama cut their taxes has everything to do with ...

- the tax cut didn't come with a paper check
- right-wing media entertainment complex
- people are generally uninformed and not too bright

Add to the above the always rising costs of everything in America, especially healthcare, and it's no wonder people didn't know Obama cut their taxes.

Obama cut taxes on 95% of all Americans -- in some way, shape, or form, it is irrefutable that Obama cut taxes, so arguing over the detailed minutiae is totally moot.

And now in 2017, Trumpers and Republican partisan hacks are whining that people are not believing that Trump is cutting their taxes -- CHUTZPAH!!!!

GTFOOH -- Cry me a river.

#12 | Posted by PinchALoaf at 2017-12-24 08:44 AM | Reply | Newsworthy 1

The rich get richer. The rest of us get tax increases, worse schools, less health care, less effective government,much higher debt, less social services.

GOP has all the power but blames Obama using lies.

#13 | Posted by BruceBanner at 2017-12-25 11:03 AM | Reply | Newsworthy 1

The rest of us get tax increases... - #13 | Posted by BruceBanner at 2017-12-25 11:03 AM

Here is a handy chart 8.5 mil pay more in taxes, 143 million pay less. Are you admitting that there are 143 million 'rich' tax-payers in America, which globally is probably true?

#14 | Posted by Avigdore at 2017-12-25 12:10 PM | Reply | Funny: 1

"Here is a handy chart..." - #14 | Posted by Avigdore at 2017-12-25 12:10 PM

Here's what that "handy chart" also says:

Things change however once 2025 rolls around. If no change is made, what were tax cuts will become tax hikes, even relative to current law.

A majority of Americans in a decade's time will then pay higher taxes, including 69.7% of the middle quintile.

Oops.

#15 | Posted by Hans at 2017-12-25 12:20 PM | Reply | Newsworthy 2

I'd be interested to know what happened to #5 and #7...The censors have been deleting posts related to climate change for years...are they new doing the same for posts relating to economics?

#16 | Posted by madbomber at 2017-12-25 12:23 PM | Reply | Newsworthy 2

#14 that percentage refers to whole families getting 450 or so per year. $37.50 per month for the whole family. That will not cover the previous tax deductions that were lost, so increase. Then the family tax reductions go away after 5 years and there will definitely be an increase.

Meanwhile you will have to pony up for huge increases in the cost of living and the price of losing the government services that make America a good country to live in.

#17 | Posted by BruceBanner at 2017-12-25 12:24 PM | Reply | Newsworthy 1

#16 this is not a fake news site.

#18 | Posted by BruceBanner at 2017-12-25 12:25 PM | Reply | Funny: 1 | Newsworthy 3

"...we come up with an average tax cut of about $450 for those 97 million households."

Oh...so, now it's only half a car instead of a whole one.

#19 | Posted by Angrydad at 2017-12-25 02:05 PM | Reply | Newsworthy 1

I also find it interesting Democrats are NOW worried about the deficit

Not surprisingly you have no concern for it or the GOPs sudden lack of concern for it.

Is it because you, like them, were lying through your teeth as an easy way to oppose Obama? Or are selfish and only oppose it when it's the "other people" reaping the benefits?

#20 | Posted by jpw at 2017-12-25 02:39 PM | Reply | Newsworthy 1

#16 actual economics or the retardomics pushed by righties?

#21 | Posted by jpw at 2017-12-25 02:40 PM | Reply | Newsworthy 1

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