Saturday, September 06, 2008

It's not politics, it's math!

No, really! Here, let me show you...wait, where are you going?...Come back!

Okay, for anyone who hasn't run screaming, here's the political/media intro. If you're like me, you've heard talking heads give one-sentence summaries of Obama's tax breaks for 95% of ....

finish that sentence. Then click the "...see the rest..." to see if we agree.

The pundits/reporters I've heard lately say "95% of the middle-class" (or middle-class families or middle-class taxpayers or whatever.)

This is in fact categorically false, if you think about it.

Obama's plan has tax breaks for "the 95 percent-plus of the American population that earns less than $250,000". That of course includes lower class incomes (no matter how you define that), and assuming you're not John McCain, all the middle class too.

Rebecca tells me that I just came upon a reporter parroting the Republican line about "95% of the middle class". Of course, this false characterization serves their purposes, since it engenders the question "what 5% of the middle class is Obama leaving out? Am I in that 5%?" when of course, if you really are middle class, you have nothing to worry about.

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