May 10, 2006

OPPORTUNITY KNOCKS...FOR A FEW



Groups that advocate for sane budget priorities and human needs are urging people to contact the Senate today to oppose a $70 billion tax cut package that may move today. The bill passed the House Wednesday.

A toll free number to the Capitol switchboard has been provided by the American Friends Service Committee: 1-800-459-1887

The cuts would provide $42,000 in tax breaks for millionaires, while the middle fifth of taxpayers with incomes averaging around $36,000 would only gain $20, according to the Center on Budget and Policy Priorities.

For more information, click here.

Forty five percent of the benefits of the cut would go to the 0.2% of the population with incomes over $1 million; the bottom 3/4 of the population, with incomes of $75,000 or less, would only receive 5% of the benefits, which would average $30.

According to an analysis by the National Women's Law Center, in the great state of West Virginia, only 0.1% of households--481 to be exact--would get the big cut, while 686,285 households would get the $30.

When the tax cuts get translated into budget cuts, guess who would feel the pain?

GOAT ROPE ADVISORY LEVEL: ELEVATED

2 comments:

Khazouh Baszhees said...

Hmmmm, mmmmm. Good lookin bird. Tastes like chicken? Nice to know when the chips are down, you can always eat peacock. Once you've run out of tiny talking lobsters, of course.

El Cabrero said...

The ancient Romans considered them to be a delicacy. They'd serve them with the feathers, but one would presume they took them off before cooking then put them back on. But even the Romans wouldn't serve talking peacocks. Except maybe Caligula.