Friday, September 17, 2010

Tax cuts and how the media talks about them

I am not an economist. Neither am I a journalist. However, I understand that the perceptions of people are moulded by media. This much, I imagine you will agree with. So when you read an article like this one, you wonder why the coverage appears to be so biased.

Consider this section: "While about three-fourths of Democrats favor raising taxes on the rich, about half of independents and nearly two-thirds of Republicans oppose the idea. Support for cutting everyone's taxes exceeds four in 10 people in every region of the U.S. except the Midwest, where one-third back the proposal. Even among people earning under $50,000 a year — mainstays of the Democratic Party — 43 percent want to continue the tax cuts for all."

Would that not have been better written as
"While about three-fourths of Democrats favor raising taxes on the rich, about half of independents and nearly two-thirds of Republicans oppose the idea. 6 in 10 people in every region of the U.S. favour ending the Bush tax breaks. In the Midwest; 7 in 10 people favour ending them. Among people earning under $50,000 a year — mainstays of the Democratic Party — a majority of 57 percent want to end the Bush tax breaks."

Just a thought.