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Here We Go Again: Bush Exaggerates Tax Cuts
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Candidate
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| Contributor | ArmyDem |
| Last Edited | ArmyDem Mar 02, 2004 12:40am |
| Category | General |
| News Date | Mar 02, 2004 12:00am |
| Description | The President can’t keep his figures straight. And most people are getting less than he implies.
Summary
President Bush stumbled Feb. 19, saying the average tax cut is $1,089. The White House corrected that figure to $1,586. But the fact is that most Americans won't see anywhere near either of those amounts.
As we've said before when disputing equally misleading lowball figures given by Howard Dean, half of all individuals and families will get less than $470, and half will get more. The “average” is misleading because it is inflated by very large cuts given to a relative few at the top.
Analysis
Now that the general election campaign is nearing, President Bush has resumed a sales pitch for the tax cuts he's signed. But he persists in making some misleading claims.
At a 24-minute appearance in the White House complex on Feb. 19, the President wrongly stated that "everybody who pays taxes" is getting a cut, which is not true:
Bush: We cut the taxes on everybody who pays taxes. I don't think it makes sense for tax-cutters to say, okay, you win, and you lose. My attitude was, if you pay taxes, you ought to get relief. And we cut all taxes,
In fact, all taxes were not cut and millions who pay only federal payroll taxes got no benefit from Bush's cuts. |
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