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.


Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.


We are currently migrating to Disqus

On May 14, 2022, we started migrating our comments from Insticator back to Disqus. During this transition period, some posts will have Insticator and some Disqus. For more information on the transition, as well as information regarding old C&L accounts, please see this post.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.