Wednesday, April 15, 2009

The Top Ten Tax Day Lies

When in doubt make crap up:

..As their furious followers head off to their April 15th orgy of tea-bagging, the leadership of the GOP and its amen corner in the right-wing media have instead turned to tall tales on taxes.

Here, then, are 10 Republican Tax Day lies:
1. President Obama will raise taxes on small businesses.
2. The estate tax devastates small businesses and family farms.
3. 40% of Americans pay no taxes.
4. Tax cuts always increase revenue.
5. The GOP is the party of fiscal discipline.
6. Ronald Reagan was the greatest tax cutter of all time.
7. FDR caused the Great Depression, or at least made it worse.
8. Obama's cap-and-trade plan will cost each American family $3,100 a year.
9. Obama's tax proposals will undermine charitable giving.
10. The rich pay too much in taxes already.


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At 11:38 PM, Blogger Eric Schansberg said...

1. hadn't heard that one
2. a few, yes; the dominant consideration? no
3. income taxes-- yes; taxes on income through payroll taxes-- very wrong (although not even Dems talk about this staggering tax burden on the working poor and middle class)
4. depends
5. neither major party can claim that!
6. he was a great one...who's better?
7. FDR clearly didn't cause it (it started 3.5 years before he got in), but his policies clearly extended it
8. what's the correct number?
9. if they eliminate the deduction, then yes; is he proposing that?
10. subjective


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