One high-profile member of the highest tax bracket is praising the Bush era tax cuts for the rich, albeit sarcastically. Larry David, the Curb Your Enthusiasm star and co-creator of Seinfeld, wrote an op-ed piece in The New York Times titled, "Thanks for the Tax Cut!" Here's a snippet from the intro:
THERE is a God! It passed! The Bush tax cuts have been extended two years for the upper bracketeers, of which I am a proud member, thank you very much. I’m the last person in the world I’d want to be beside, but I am beside myself! This is a life changer, I tell you. A life changer!
To begin with, I was planning a trip to Cabo with my kids for Christmas vacation. We were going to fly coach, but now with the money I’m saving in taxes, I’m going to splurge and bump myself up to first class. First class! Somebody told me they serve warm nuts up there, and call you “mister.” I might not get off the plane!
Larry David goes on to describe a brand new flat-screen TV he's going to buy and a switch to the more expensive yet organic blueberries. His point: he can already afford these things. So the cuts are just icing on the cake to him. Worth a read, if not for a laugh.
Leave a Comment:
I am now in the recruting process to hire 4 new people as a result of the BUSH tax cut continuation. I will also donate 25 childrens desks to unicef at my business location. Please contact me for the donation. signed A loving Republican. A note to MSNBC spinners. Wake up! Fox News is beating you guys so bad. I know that the truth sometimes hurts, but Fox proves that it pays. You guys should try it. Just some loving advice.
Here is a reply that I read to one of the White House uploads recently. I do no know how truthful it is as I am not a CPA, but...
"
Making Work Pay credit is $400 single, $800 couple. Line 63 on 1040. Sch M. Repubs and WH did away with this and replaced with 2% reduction in FICA. 20K earner will still rec $400. 12K earner will rec $240. 106K earner $2120. So the 12K earner will get $160 less and 106k earner $1720 more.
Same calculation for couples. Millions of lower earners will fall into this trap.
Unemployed, 3-5 mil exhaustees not included. Also fed taxes are paid on benefits but no more credit.
Roy,
Why would you hire anyone for any reason other than to meet demand that your current staff cannot?
That makes no business sense whatsoever.
Truth...
Truth can be found in many flavors. The version that Faux News peddles tastes mostly like b**sh**.
But yes, Faux definitely proves that BS pays.
My question to Mr. David (he doesn't have to go first class on a plane to be called Mr.), and all other liberals, is why have you not been paying higher taxes for the last 9 years? There is no law that says you can not pay more, is there? Do you have a "taxman" that helps you keep your tax bill low? Why? Why not just give more of your "hard earned" money to the feds and let the rest of us keep our money. I believe I can spend my money better than the government can. No, I am not rich, I make less than $75,000 a year, but I would love to be making as much as Mr. David and his ilk.
Its not a taxing issue, its a spending issue. It doesn't matter how much the feds confiscate from us, they never have enough.
Mark