Myth---the Dem tax plan doesn't give all taxpayers a cut

Green_Lantern

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Fri Dec-10-10 02:36 PM
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Myth---the Dem tax plan doesn't give all taxpayers a cut

It is a popular myth the GOP pushes that GOP wants to cut taxes for all taxpayers and Democrats don't.

Under the Democratic plan every taxpayer gets a tax cut up to the first $250,000. This doesn't mean people making over $250,000 don't get tax cuts.

The Democrats plan is better for the economy because it cuts payroll taxes and extends unemployment. During the holidays this will boost spending.

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