Saturday, April 10, 2004

And not a clue in sight

The Washington Times has a little fun with the Kool Aid drinkers at Newsweek - Newsweek piece 'doesn't add up':
With a gigantic IRS 1040 income-tax form covering a slightly ajar door presumably leading to a room filled with tightly guarded information, the headline of Newsweek's current cover story screams: "The Dirty Little Secret of the Tax Cut: Why It's Smaller Than You Think." Inside, the article greets the reader with the bold assertion: "Why Your Tax Cut Doesn't Add Up." But the only thing that doesn't add up is the article itself. It is replete with misstatements and distortions masquerading as the real-life experiences of Americans since President Bush's tax cuts were enacted in 2001 and 2003.

The article showcases three middle-class families and includes photos of smiling children and parents, who invariably are quoted as saying they have derived virtually no benefit from the Bush tax cuts. All are utterly misinformed. Newsweek's uncritical portrayal of their demonstrably false assertions amounts to nothing more than a reprehensible journalistic hit piece.

Newsweek first highlights "single-mom" Jennifer Evans and her 7-year-old son. Miss Evans earned $32,400 in 2003. "I kept hearing about these so-called tax cuts," Miss Evans says. "They're not benefiting regular working people," she declared, a patently false assertion that Newsweek chose to emphasize by placing it in boldface type. In fact, Ms. Evans' income tax was reduced by $1,000, or 45 percent.
Much more by following the links, but the best part is the tone of the whines:
Mr. Taverno boldly declares, "The tax cut to me was inconsequential" — which Newsweek dutifully placed in boldface.
Altogether, the Bush tax cuts slashed more than $2,800, or 44 percent, from the Tavernos' 2003 income-tax bill. This is "inconsequential"?
The Ellis family (two parents, two children) was next up. Ted and Erania Ellis earned $194,000 last year. "There's been no break for us," artist Ted tells Newsweek, which boldfaced the falsehood. "It feels like I'm being penalized for trying to run my own business. It doesn't feel like they're helping me. The tax cuts," he ignorantly asserts, "are benefiting major corporations who are downsizing and outsourcing."
In total, the Ellis family will save $6,899 from its 2003 income taxes. That represents a monthly savings of $575. "There's been no break for us," Newsweek allowed Mr. Ellis to assert falsely, showcasing the lie in boldface, no less.
Since these folks are getting such trivial tax breaks, I'm sure they wouldn't mind sending them to me.