Today in boring, unsurprising news: NPR continues its policy of misleading its listeners about how the US tax system works.
The latest fight between the president and Republicans is shaping up to be a battle royal — not only are taxes involved but so are deficits and class politics.That's because the president wants to extend the cuts for one year, but only to those making less than $250,000. NPR's independent analysis shows Obama's proposal would add $3.2 trillion to the national deficit over the next decade, as opposed to $3.9 trillion if the tax cuts were extended to everyone, like Republicans want.
That is not how it works.
The tax cut Obama wants to extend would apply to everyone, regardless of income. The proposed tax increase would only apply to those who make more than $250,000, and would only affect income greater than $250,000.
Why should anyone trust NPR's analysis if, as it seems, NPR doesn't understand what they are analyzing?
Sadly, MSNBC is no better:
And today, Obama makes his first chess move in this new tax-cut battle: At a White House at 11:50 am ET, the president will call for a one-year extension of the tax cuts for ONLY those making less than $250,000.
"ONLY" !
DERP!

NPR is pretty much like the rest of the MSM. I used to trust their reporting on politics but no longer. If one wants to know what’s going on, better to watch Jon Stewart. It’s shameful.