There is a lot of discussion about extending GWBush's tax cuts in Congress. I often hear news people and politicians using the word "working families". Mostly they say "working families" need money in their pockets to feed their kids, pay mortgage and buy clothes, etc. Therefore, as the logic goes, we should extend the cuts for the "working families" but not the "rich". The rich here is families making more than $250k a year.
Here's my question. Are rich families not working? Do they just get money somehow but not via our standard definition of work? If they do in fact have to work to get the $250k, then why aren't they considered "working families" and get the tax cuts too?
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Ha, good question! I think they get it from the term "working class"... but they don't want to say "working-class families" they just want you to think that. Which brings up another point - how did we get the term "working class?" to mean basically lower-class and/or blue-collar jobs? If you're working, you're working, right?
At least one good thing is that if they do a tax cut for wages under $250k, everyone actually gets that cut on their first $250k of income. (Most people do not understand this because I guess math is too hard, but it also probably works to the politicians' benefit because they can more easily divide people against each other.)
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