Back On Barack's Tax Cuts

Several posts ago I made mention that the tax cuts in the stimulus package being tossed about in Congress were nothing new. In fact, I have direct knowledge of two people who got stimulus checks under George W. Bush who paid no income taxes in the previous year. In fact, one of them was an elderly woman in a nursing home who had also not paid any medicare or Social Security taxes in the previous year.

Media Matters...

Summary: Discussing President Obama's meeting with congressional leaders to discuss the economic stimulus plan, CBS' Chip Reid reported that "when Republicans criticized tax refunds for people who don't pay taxes, sources in the meeting say the president said, quote, 'I won,' referring to the election and making it clear he's sticking with that part of the plan." In fact, Obama has not proposed giving tax refunds to "people who don't pay taxes"; he has proposed giving the tax credit to "working families," which means they pay Social Security and Medicare taxes.