Will Tea Partiers Celebrate Their Federal Tax Cut Tomorrow?

There are a number of “Tea Party Protests” being planned throughout Orange County tomorrow.  But recent CBS/New York Times polls show most of the Teabaggers still don’t realize that their taxes went down last year under President Obama’s stimulus package. 

This report, from Citizens for Tax Justice, provides a sobering picture that strikes a contrast with what Teabaggers are protesting.

Federal tax cuts saved California’s workingclass families an average of $1,231 last year.  Californians actually did better than the national average on tax cuts.

This excerpt from the Daily Kos: “According to a recent CBS News/New York Times poll, the vast majority of Americans do not perceive that they have received a tax cut from President Obama. Asked if the President “has already raised taxes this past year,” 53 percent of those polled said that the President has “kept taxes the same,” and 24 percent think that the President has “raised taxes.” A mere 12 percent believe that the President has cut their taxes.

This is an astonishing level of misunderstanding. The truth is that the major tax cuts enacted in the 2009 economic stimulus bill actually reduced federal income taxes for tax year 2009 for 98 percent of all working families and individuals. These tax cuts saved working families and individuals an average of $1,158 on the tax returns they will file by April 15. (The median tax cut was approximately $600.)”

So what are you protesting really?