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View Diary: Yes, agreeing to the GOP tax cut plan would be caving (366 comments)

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  •  Middle vs. Rich Class (1+ / 0-)
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    tardis10

    I can't help but think that if Obama referred to letting everyone keep their tax breaks up to $250K, and returning the tax rates to previous levels for on amounts over $250K, it would have playeed better to the public.

    Instead, he waged a class war where some guys were entitled to a cut and others were not.  And worse, he made it sound like if you earned, say, $300K, then you wouldn't get a tax break, because you missed the cutoff by $50K; whereas, the fact is you'd pay the same tax rate as before on the first $250K and pay the higher rate only on the extra $50K.

    OR am I wrong about how Obama's plan would work?

    I'm starting to feel America again.

    by Shesk on Thu Nov 11, 2010 at 01:03:51 PM PST

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