Little Scottie lies about taxes during Friday’s gaggle:
Q Scott, there are figures out from the CBO that say that one-third of the benefits of the tax cuts are going to the top 1 percent. And I’m wondering, what does the President think about this and what does it say about the argument that he makes, that the tax cuts are benefiting everyone?
MR. McCLELLAN: Yes, they are. The largest percentage reductions are going to those in the middle and lower income tax brackets.
Q But in dollar figures the difference is quite —
MR. McCLELLAN: Well, they pay more at the higher income levels. But the largest percentage reductions are going to those in the middle and lower income brackets. This President acted to get our economy growing by reducing taxes on all those who pay federal income taxes. And our economy is moving in the right direction because of the action that we took. And at the same time, those in the higher income — those higher income Americans are paying a greater share of the federal income tax burden because of the actions that we took.
Sorry, Scott, that’s not what the Congressional Budget Office said:
The CBO study, due to be released today, found that the wealthiest 20 percent, whose incomes averaged $182,700 in 2001, saw their share of federal taxes drop from 64.4 percent of total tax payments in 2001 to 63.5 percent this year. The top 1 percent, earning $1.1 million, saw their share fall to 20.1 percent of the total, from 22.2 percent.
Obsession Bonus Snark:
A question from today’s gaggle regarding the preznit’s troop reallignment announcement:
Q It’s obviously not an accident he’s making this announcement at the VFW. Is this an effort to puff-up his credentials versus Kerry’s on defense issues?