Whose values?

8 Jul

When did family values begin to include policies that result in these sorts of data?

From the Senate Finance Committee (controlled by Republicans), we have the following tax relief information about the May, 2006, $70 billion tax cuts passed by Congress. Here’s the income and average tax savings figures:

  • $10,000 to $20,000 gets $2 in tax relief
  • $20,000 to $30,000 gets $9 in tax relief
  • $30,000 to $40,000 gets $16 in tax relief
  • $40,000 to $50,000 gets $46 in tax relief
  • $50,000 to $75,000 gets $110 in tax relief
  • $75,000 to $100,000 gets $403 in tax relief
  • $100,000 to $200,000 gets $1,388 in tax relief
  • $200,000 to $500,000 gets $4,499 in tax relief
  • $500,000 to $1 million gets $5,562 in tax relief
  • More than $1 million gets $41,997 in tax relief

I guess if you’re a family earning more thn $1 million a year, then these are pretty good family values. And at least the middle class will be able to fill up their gasoline tanks a few times thanks to this tax cut.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: