The AP Spinning “Tax Cuts for Millionaires” Lie Again

Sigh. It’d be almost funny if it wasn’t so predictable.

But, once again, we find the Associated Press abandoning any pretense of journalistic objectivity and shilling for their bosses in the Democrat party — this time spinning the myth that the “new” tax laws create “tax cuts” for millionaires:

It will take a little longer for some taxpayers to file their 2010 returns, but it will be worth the wait for beneficiaries of a new tax law: college students, teachers and residents of states that have sales taxes but no income tax.

Thanks to a December tax package that was hailed as a forerunner of a bipartisan spirit in government, the Internal Revenue Service needs to reprogram computers for new college tuition breaks, teachers who buy classroom supplies with their own money, and Americans who live where there’s no state and local income tax to deduct.

The new tax law gives benefits ranging from tax cuts for millionaires and the middle class to longer-term help for the jobless.

I’ll tell you what, Larry Margasak of the Associated Press: I’ll put 1-month of my salary against one month of  yours if you can show me where in the “new” tax law there is a single tax cut for millionaires. Go ahead I’ll wait while you look for it, you dishonest schmuck.

The “new” tax law your talking about is anything but — it simply extends existing tax rates for two more years. That means that none of had our taxes raised (which is what Obama and the Democrats wanted to do), but nobody got a tax cut.

This is pretty simply stuff, Larry. And for you to get it so wrong means that you’re either too stupid to actually understand the words that you parrot, or that you have zero journalistic integrity. I’m betting it’s a healthy dose of both.