Midknight Review -- new and revised: Please stop telling folks that only the rich benefit from tax reduction:

Here are a few of the taxes that will be cut if the GOP reform bill passes:

Most of the current tax exemptions benefiting the bottom 45% of all wage earners (that's more than 62 million folks) will not pay any federal or state income taxes (I am not talking about SS taxes and the like, however).

The top 1% pay more taxes as a group than the bottom 90% of tax payers, combined . . . . . . so stop pretending that the rich do not pay their fair share. That is a lie by anyone's standards.

A tax exemption of 24,000 dollars rather than today's 12,000 exemption will be part of this new tax package. While we lose the state income credit and the mortgage interest deduction, the doubling of the tax exemption more than covers these items, in a typical scenario.

Tax relief to the Middle Class will amount to $1000/2500 savings on their tax bill.

Taxes on flexible savings accounts will not be assessed - effecting 30 million folks, most of which are Middle Class Americans.

Taxation on Health Savings plans will be cut, effecting 20 million Middle Class Americans.

Penalty taxes levied against those who didn't buy into ObamaCare - 6 million Americans benefit from this, all of whom are the working poor or our younger generation.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

Midknight Review -- new and revised

Please stop telling folks that only the rich benefit from tax reduction:

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