How will you spend your $20?
All most people need to know about the new Republican tax cut plan, courtesy of the Washington Post:
Middle-income households would receive an average tax cut of $20 from the agreement, according to the joint Urban Institute-Brookings Institution Tax Policy Center, while 0.02 percent of households with incomes over $1 million would receive average tax cuts of $42,000.By the time you get your $20, it might buy five gallons of gas. Kind of makes you wish you'd supported the $100
UPDATE: When you see Mark Green, thank him for the 20 bucks -- unless you happen to be Jim Sensenbrenner, in which case you should thank him for the $40,000. F. Jim doesn't release his income, but does issue a net worth statement every year; it's about $11-million now. So the odds are he does make $1-million a year on investments. Or Sensenbrenner could just thank himself, since he voted again to give himself and all of the fattest of the cats another big break. The Wisconsin delegation split 4-4 along party lines as it passed the House by a 244-185 roll call.
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