95% of taxpayers will get a tax cut. Does that mean that 95% of taxpayers fund the federal government? How will the government survive on less money? Better yet, how about the percent of people who don’t pay taxes? A quick Google search took me to the Wall Street Journal Opinion Journal piece that speaks to this point Obama’s 95% Illusion It depends on what the meaning of ‘tax cut’ is. First you need to take a long hard look at the number of people who don’t “pay” taxes. PolitiFact’s article Tax cuts for 95 percent? A closer look does a good job of breaking those numbers down – “the percentage of tax filers with zero or negative individual income tax liability will be 38 percent in 2009.”
With the Congressional approval rating down to 13%, I’m still trying to figure out how a new President is going to correct that. Maybe we should all review “I’m Just a Bill”
Is this stuff even taught to our kids any more? So, yes, even though you may like your own Congressman, it’s time to really look at what he or she is voting for (or against). It may even be time for you to learn what branch of the government is responsible for what – “Three Ring Government“. Oh, how appropriate is that name?