August 1, 2010

One of the resounding themes we heard from the talking heads last week was the we need to keep those Bush tax cuts in place and that if they're allowed to expire, it's going to harm small business and the "job creators".

Bob Cesca passed on this graph from the Wall Street Journal of all places that illustrates just who those tax cuts have benefited and who they're going to harm if they're allowed to expire without a fix, like our middle class. As the chart shows you have to be making $300,000 a year or so before allowing them to expire starts to hit you.

Republicans have done nothing but shamelessly stood up for their ultra-rich campaign donors. We'll see if they're going to keep it up this weekend on the bobble head shows.

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