Here’s a simple question: Would you rather receive $3 per week or $1,500 per week?
A no-brainer, right?
Not for our Utah congressional delegation. In the GOP tax plan they support, a Utah family earning a decent but not extravagant income of $83,000 a year would receive a piddling annual tax break of $160. That’s $3 a week, or about 0.2 percent of your annual income. But if you pull in $750,000, your tax break will be $75,000, fully 10 percent of your annual income and almost $1500 a week.
It’s exactly backwards. A 10 percent tax break for an $83,000 family is $8,300. That’s $160 a week (a week, not a year), enough to make a real difference to a middle-class family. Multiply that by nine families, and you get the same $750,000 tax break spread out over nine — count ‘em, nine — families who really need it.
The top 1 percent don’t need a 10 percent tax break. You do. I do. Lower- and middle-income families do.
Come on, Utah delegation. Give us a break.