The misleading thing is, Obama's "tax break" for the poorer income is actually a tax credit; those in the lowest tier pay none, or very little taxes, and in general actually already get more back then they pay in, due to the earned-income credit and child tax credit. So, Obama's plan is actually more "Robin Hood" than it appears on the surface. It is income redistribution, a basic socialist tenant. The bottom 50% of earners pay less than two percent of tax revenues. Who creates jobs? Not the government, but business...especially small businesses in the current economy. Obama's plan will result in a loss of tax revenues, due to the depressing of ecomomic activity that unerringly results from increasing all ready high tax rates on the job-makers. Cutting a person's tax rate will not help if that person has no job to go to and earn money to be taxed.
