Posted by: arnegrim | December 13, 2010

Tax cuts create jobs…

Not just any tax cuts… middle-class tax cuts… those making less then $200,000 per year.

“”This bipartisan compromise is about creating jobs. Extending middle class tax cuts will help create jobs. … Job creation needs to be our number one priority.”…

…The measure represents a reach across party lines after two years of political combat in which Republicans wanted a permanent extension of all the tax cuts enacted when George W. Bush was president, while Democrats insisted rates be permitted to rise on incomes over $200,000 for individuals and $250,000 for couples.”

http://hosted.ap.org/dynamic/stories/U/US_TAX_CUTS?SITE=PAYOK&SECTION=HOME&TEMPLATE=DEFAULT

Uh… what jobs would be created by those making less then $200,000/year?  Burger-flipper?  Part-time house-cleaner?  Lawn service?  How many are also middle-class jobs?

It’s those who make MORE then $200,000/yr that provide the middle-class jobs at a rate that is actually beneficial to the economy.

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