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Tag Archives: taxes

Myth Busting #9 – We Must Lower Income Taxes For The Wealthy In Order To Create Jobs!

Myth Busting #9 – We Must Lower Income Taxes For The Wealthy In Order To Create Jobs!

This will be a short post. That’s the claim conservatives love to make. It is a central part of their theology. A pity it not only isn’t true, but has NEVER been true, as this chart clearly shows. There couldn’t really BE a more damning indictment of one of the …Wait! Don’t stop there!

Myth Busting #6 – The Stimulus Didn’t Work

Myth Busting #6 – The Stimulus Didn’t Work

Many conservatives can’t quite wrap their heads around the notion that things are better now than they were three years ago. They HATE that. They WANT the economy to fail…the misery to be prolonged so they can sweep back into power again in November, and much to their chagrin, the …Wait! Don’t stop there!

Myth Busting #5 – 47% of Americans Pay ZERO Taxes!

Myth Busting #5 – 47% of Americans Pay ZERO Taxes!

More correctly, this should say “47% of Americans pay no FEDERAL income taxes,” but even when used in its correct form (which, in my experience, is less than half the time), it is another meaningless statistic, used by the conservative crowd to whip the base into a parasite-hating frenzy, so …Wait! Don’t stop there!

Myth Busting #2 – Tax Cuts Increase Revenues!

Myth Busting #2 – Tax Cuts Increase Revenues!

It’s demonstrably proven that tax cuts increase revenues” – Rush Limbaugh “It does work! – Sarah Palin, responding to the question, “Do you actually believe that cutting taxes leads to higher revenues “You cut taxes, you raise revenues.” – John Kyl “”There’s no evidence whatsoever that the Bush tax cuts …Wait! Don’t stop there!