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Did President Obama lower taxes for the middles class, or did someone just try to redefine "middle (Original Post) LaydeeBug Sep 2012 OP
I once spent days calling politicians and government agencies Angry Dragon Sep 2012 #1
well President Bush lowered taxes for the middle class hfojvt Sep 2012 #2
This is beautiful. I am bookmarking it . nt LaydeeBug Sep 2012 #4
I would think that the very bottom of the Middle Class would be able to .... Trajan Sep 2012 #3

Angry Dragon

(36,693 posts)
1. I once spent days calling politicians and government agencies
Sat Sep 29, 2012, 03:03 AM
Sep 2012

asking them the definition of middle class.

All I got was that everyone has their own definition.

No one will stick their neck out and give a definition

hfojvt

(37,573 posts)
2. well President Bush lowered taxes for the middle class
Sat Sep 29, 2012, 03:27 AM
Sep 2012

and Obama kept those tax cuts in place, supposedly to benefit the middle class, even though most of the benefits goto the upper classes.

But there has never been a clear definition of middle class, and politicians have ALWAYS been defining it UP.

Romney has gotten a bunch of flack for saying that middle class was households making $250,000 or less.

But that is exactly what Obama has been saying.

In 2008, Obama proposed keeping the Bush tax cuts for all income below $250,000 for a couple. His reasoning, such as it was, was that he did not want to raise taxes on the middle class. Yet, look how Citizens for Tax Justice analyzes that Obama plan

http://www.ctj.org/pdf/taxcompromise2010.pdf

Obama's original proposal gives 13.3% of its benefits to the top 1% about the same percentage that it gives to the bottom 40% (13.9%). It gives more benefits to the richest 5% than it does to the bottom 60%, and it gives a whopping 54.2% of its benefits to the richest 20%.

Those people are at the top, not in the middle.

Then there is the accursed payroll tax cut. Another tax cut sold as a "middle class tax cut". What a load of excrement. If Bush had tried to sell this, the liberal world would have been all over it for being tilted to the rich. But when Obama does it, it is all good. Almost nobody complained - except me http://journals.democraticunderground.com/hfojvt/160

 

Trajan

(19,089 posts)
3. I would think that the very bottom of the Middle Class would be able to ....
Sat Sep 29, 2012, 03:42 AM
Sep 2012

1) Buy a home in the low-medium range for the area ... or rent in the low-medium range in the rental market ....

2) A) Buy a car, used or new, on time payments or full cash .... Also buy insurance ... also buy gas and oil and occasional interval maintenance service .... OR ....
2) B) Purchase monthly transit passes for most the household

3) Purchase utilities and services on a monthly basis

4) Pay a monthly premium for medical services ....

5) Buy enough food for everyone in the household to eat approx 2-4 meals per day (Depends on the individuals)

6) Buy enough consumables for the household to exist in reasonable, minimal comfort ...


If you can do at least that and remain solvent each month, you are at the bottom of the middle class ...

My opinion ....

No college fund ... no vacation house .... A no frills but pay your bills existence ....

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