Deceptive Rhetoric Rides Again: Taxes and Out-of-Work Benefits

Summary

---

Let's face it, politics is largely the art of deception, and political rhetoric is largely the art of misstating issues. A classic example is the current debate over whether to give money to the unemployed by extending how long unemployment benefits will be provided, or instead to give "tax cuts to the rich."

First of all, nobody's taxes -- whether rich or poor-- are going to be cut in this lame duck session of Congress. The only real issue is whether our current tax rates will go up in January, whether for everybody or nobody or somewhere in between.

See the full content of this document

Extract

---

Deceptive Rhetoric Rides Again: Taxes and Out-of-Work Benefits

The most we can hope for is that tax rates will not go up. So the next time you hear some politician or media talking head say "tax cuts for the rich," that will just tell you whether t...

See the full content of this document

---