Quote:
Originally Posted by dc_dux
I would like to see a facts based editorial on IBD...and not a partisan opinion piece that cherry picks information from its cited sources while omitting other relevant information....or manipulates data to support an absurd argument: Obama's plan rescinds tax breaks as some taxpayers' incomes rise, reducing their incentives to earn more(from the editorial).
Reducing their incentive to earn more? In my 25 year working career, I have never met a person, working at any job or salary level, who does not want to make a higher salary, even if it might, in some small number of cases, mean marginally higher taxes.
But I dont expect to see a facts based editorial in IBD any time soon!
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Please read the the editorial and, if you are inclined, check the sources they cite. You can also run some examples yourself and see results like I did. Our tax code is more than just the tax rates. Sure Obama can say he is reducing tax "rates" for the middle class and raising tax "rates" on the rich, but until a person actually runs through some real examples, one won't know the real truth.
Attacking IBD is too easy, they even mention the reflexive argument of "cherry picking" in the article - the respondent suggests the same thing I suggest.