Let me rephrase that: Michele Bachman is either a BOLD LIAR ot really really STUPID!
in a brief visit to Good Morning America SHE reiterated the Republican talking points on the expiration of the tax cuts for the rich (surprise, surprise) and proceeded to tell George Stephanopoulos she is against eliminating the Bush tax cuts for the filthy rich. The poeple who bankrolled her campaign.
Of course, as a Tea Party leader she is very concerned with the deficit but she wants the middle class to pay for that. Then, n ot content to leave it at that she went ahead to give an example so that we can all get her point. She stated, and I am paraphrasing here, that her carpet layer who employs 2-3 people wopuld have to lay off some workers once he grosses $250K.
Of course anyone who knows anything about income taxes will tell you that taxes are paid and brackets are determined not on what one grosses from a small business but on net PROFIT, after allowances and deductions. That is why about 98% of small businessesare not effected by this. The only ones effected are small number of whales, mascarading as a small business.
Please make a note that this woman is one of their leaders. I can imagine how dumb and uninformed the rank and file is.
What really bothered me though is the fact that George did not see fit to challenge her on this blatant lie. Come on George, you are the son of a priest. Stand up for something! And this is not the first time you let these people get away with bold lies. I'm so disappointed in you.