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Friday, November 19, 2010

BiFocalPoint Point of the Month!

Alan Grayson (D-Fla) has  just won the first ever BiFocalPoint Point-of-the-Month* for taking on the expiring Bush tax cuts. Congratulations Alan Grayson!

(*-we are still working on the name. Please share your suggestions below or email them in at bifocalpoint@gmail.com. Also, this contest is by no means limited to, or guaranteed to take place, once a month. Sorry for any confusion.)

Grayson, in true BiFocalPoint style (see here, here or here) has recast the expiration of the Bush tax cuts for the wealthy in a new light. Rather than talking about the money that the government would be losing, he points to all of the things that those wealthy tax-cut benefited will finally be able to afford. 

These tax cuts for the richest 1% of Americans will average just slightly over $83,000 a year. Not a bad chuck of change to SAVE every year. He offers several ideas for how these people can spend their new windfalls.

His first suggestion is that they could spend this money on a brand new Mercedes Benz-E Class Car, conveniently price at about $83,000. (I see an ad campaign in there somewhere!) And not just one, but a brand new one every single year!

My favorite on his list (see the full list here) though has got to be that these recently-saved-from-the-poorhouse-at-the-expense-of-their-country Americans can now finally afford 800 luxury cigars which they will then be able to light with $100 bills. Can we really say that the American dream is alive and well if one did not have this option?

So congratulations Mr. Grayson, and thank you for putting things into a BiFocalPoint persective. 

And to the BiFocalPoint world out there, what else can the uber-rich do with their $83,000-and-change annual savings? The best answers MIGHT just get read on the congressional floor by Mr. Grayson the next time he is looking to restore some sanity.

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