Curry County Democrats Democrats of Curry County


The Brookings Tea Party Lies About the Democratic Tax Plan

LIEThe Brookings Tea Part web site is full of lies and distortions acquired from various right wing publications and web sites. One particularly egregious lie comes from an article copied from the web site of Americans for Tax Reform, an organization run by the famous anti tax crusader Grover Norquist. It states that Democrats want to raise taxes on everyone: "Look for tax increase that will impact you." There is even a nice list showing how much taxes will go up.

Personal income tax rates will rise.  The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed).  The lowest rate will rise from 10 to 15 percent.  All the rates in between will also rise.  Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates.  The full list of marginal rate hikes is below:

- The 10% bracket rises to an expanded 15%
- The 25% bracket rises to 28%
- The 28% bracket rises to 31%
- The 33% bracket rises to 36%
- The 35% bracket rises to 39.6%

Higher taxes on marriage and family.  The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income.  The child tax credit will be cut in half from $1000 to $500 per child.  The standard deduction will no longer be doubled for married couples relative to the single level.  The dependent care and adoption tax credits will be cut.

This is a lie.

It's true that the Bush era tax cuts are scheduled to expire at the end of the year, but Democrats are not responsible for this. It was the work of a Republican congress and a Republican president (George W. Bush) who enacted the tax bill almost 10 years ago.

The Obama Administration and the Democrats in Congress wants to continue the tax cuts for the poor and middle class and allow the tax rate for the top 2 percent of tax payers (those making more than about $250,000 in annual taxable income) to return to the rate that was in place for most of the 1990s. The Democratic position on this has been consistent and unambiguous. To state otherwise is a lie, pure and simple.

But this is what we expect from the Tea Party. The Tea Party lies because it doesn't want you to know the truth.


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