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Why does the left always emphasize "Tax cuts FOR THE RICH"?
The poor pay no federal income taxes. The middle class pay some, but it's a very small percentage of what is actually paid in income taxes.
The only way to have a meaningful tax cut is to reduce the taxes that the wealthiest Americans are paying (which tends to increase revenue for the country).
So federal tax cuts for the poor would be impossible
Federal tax cuts for the middle class would be meaningless
The rich are the only ones left.....
.........Yet people make it sound like politicians are pandering to the rich, when in reality, that's the only way to cut federal income taxes.
If the rich get a 1% tax cut off of a billion dollars and someone else gets a 5% tax cut off $100,000 then it's 10,000,000 in savings vs a $5,000 savings. However, it's all about percentages, not dollar amounts.
- 1 decade agoFavorite Answer
The left has never emphasize tax cuts for the rich. The Left emphasize tax increases for the the rich, but I understand what you were asking.
- Anonymous1 decade ago
Actually the "right" tends to give across the board tax cuts. For the record people below the federal poverty live DO pay taxes, so the poor do pay taxes. The left focus on the rich because the rich get the most money back. Even if they get 1% and the middle class got 5% the rich get off better. The left just wants you to forget we have a gradual tax bracket, and that the rich get the smallest percentage break. If we switched to a National Flat Tax, like we should, then the left couldn't whine.