Archive for Monday, February 16, 2009

Selective concern

February 16, 2009

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To the editor:

Cal Thomas is worried about the debt — he writes in Thursday’s column, “Stimulus debt will crush U.S.” Of course, he also quotes an economist from the right-wing Heritage Foundation who calls a tax cut for low-income workers “hidden welfare spending.” So never mind that I pay more than $1,000 in FICA taxes. Because I do not pay federal income taxes, a $400 tax cut for me is really “welfare.”

Yet back when Bush was president, Cal Thomas never let his worries about the debt cause him to argue against the Bush tax cuts. On June 6, 2003, he wrote that the government had plenty of revenue and that the deficit was caused by too much spending.

At that time, income tax revenues had fallen from $1,004.5 billion to just $793.7 billion. Meanwhile the economy was still growing, so income taxes fell from 10.2 percent of GDP in 2000 to 7.2 percent of GDP in 2003. The Bush tax cuts of 2003 gave $56 billion to people making more than $2 million in 2005.

National debt went from $5.6 trillion in 2000 to almost $9 trillion in 2007, but Thomas was not worried about the tax cut debt crushing the U.S. In 2003, he quoted Treasury Secretary John Snow approvingly, saying “the deficit doesn’t concern me terribly now.”

So to summarize Thomas: 1) $500,000 tax cuts to millionaires, don’t worry about the deficit. 2) $400 tax cuts to low-income working people, be very afraid, the deficit will kill us all.

Thomas Koch,
Lawrence

Comments

Flap Doodle 6 years, 4 months ago

"Now they tell us: White House Dampens Stimulus Expectations. No surprise: As was obvious to anyone who was paying attention, it was always about paying off special interests, not helping the economy." http://pajamasmedia.com/instapundit/69923/

Curtiss 6 years, 4 months ago

Tax cuts for the rich are welfare.

The 400 richest Americans paid about a 15% tax rate in 2007. How about you?

If you paid more than that, your money was taken away to be given to them.

boltzmann 6 years, 4 months ago

Larry_The_Moocher (Anonymous) says… "Could it be that it wasnt the tax cuts for the rich, rather out of control spending by the Democratic congress?"

Let's see the letter refers to 2003, who was in control of Congress then? Get your facts straight!

"Remember, we just had 30 million for some swamp mouse in Pelosi's district in this last spending bill."

Another fabrication, where was the word "mouse" in the spending bill? Consider it a challenge to find.

Richard Heckler 6 years, 4 months ago

Isn't it odd each time our nations financial institutions crumble there are Bush family near by and a McCain still in office?

Who has history with financial institutions going south such as the savings and loan scandal? Republicans! http://rationalrevolution0.tripod.com/war/bush_family_and_the_s.htm

http://www.commondreams.org/views04/0208-05.htm

http://www.inthesetimes.com/article/4120/we_arm_the_world/

McCain: The Most Reprehensible of the Keating Five. The story of "the Keating Five" has become a scandal rivaling Teapot Dome and Watergate ... http://www.phoenixnewtimes.com/1989-11-29/news/mccain-the-most-reprehensible-of-the-keating-five/1

============================== $3 trillion tax dollar war http://search.yahoo.com/search?p=3+trillion+dollar+war&ei=UTF-8&fr=moz2

rtwngr 6 years, 4 months ago

Bowhunter99, you've got Merrill all wrong. It went like this.

Merrill says:

Blah blah blah blah blah blah blah blah blah....

Wait a minute! You're correct after all. Never mind. My bad. Good job!!

EireishHawk 6 years, 4 months ago

Yes, Mr. Koch, a $400 check from the government is a form of welfare when given to an individual who pays no federal income tax to the government. For those who actually pay taxes it is a tax cut.


wel⋅fare    /ˈwɛlˌfɛər/ Show Spelled Pronunciation [wel-fair] Show IPA Pronunciation –noun 1. the good fortune, health, happiness, prosperity, etc., of a person, group, or organization; well-being: to look after a child's welfare; the physical or moral welfare of society. 2. welfare work. 3. financial or other assistance to an individual or family from a city, state, or national government: Thousands of jobless people in this city would starve if it weren't for welfare. 4. (initial capital letter) Informal. a governmental agency that provides funds and aid to people in need, esp. those unable to work. —Idiom 5. on welfare, receiving financial aid from the government or from a private organization because of hardship and need.

Stu Clark 6 years, 4 months ago

Bowh - Just what letter did you read? Nowhere does Mr Koch complain that his FICA tax is "too much". Nor is it clear that Koch has shifted his income tax burden to anybody else. What he is saying is that Cal Thomas has a double standard when it comes to tax cuts for the high income earners versus tax cuts for the lower tiers. Actually, his own situation is not particularly relevant to the point he is making, so it follows that your comments focusing on his taxes and speculations about his motives are equally irrelevant.

Richard Heckler 6 years, 4 months ago

If tax cuts performed all of the magic that have been discussed over the past 30 years no one would be out of a job, everyone would own their own homes and all could afford new hybrid vehicles. So what broke down along the way? 20 years out of the past 28 was about Reaganomics aka voodoo economics and mideast war.

http://www.dollarsandsense.org/archives/2001/0301miller.html

http://nationalpriorities.org/index.php?option=com_wrapper&Itemid=182

think_about_it 6 years, 4 months ago

Lets see here, you pay no federal taxes but you get a $400 tax cut? So what you really mean is that you will be getting a $400 rebate check taken from someone who is productive.

That is Welfare.

salad 6 years, 4 months ago

Conservatives don't care about deficits, because it's always someone elses problem to clean up their mess. It meshes nicely with their general philosophy of "I got mine, screw everyone else." Oh yeah, and Cal, like Bill Kristol, is wrong about everything.

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