Mainstream media gets it wrong on bailout and taxes

The mainstream media, the Democrats, Barack Obama and his complete staff are without exception calling the program where certain people receive checks from the federal government a "tax cut". Either they are deceiving us purposely or they need remedial education in math.

From a Reuters article on 1/27/2009
"Some $275 billion of the package would go toward tax cuts. The other $550 billion would pay for public works projects, alternative energy initiatives and the bolstering of unemployment benefits and other safety-net programs."

When you hand out money to people who pay $0 in federal income taxes it is NOT a tax cut, it is a wealth redistribution welfare payment - a gift. Was it 3rd grade where we learned that when you multiply anything by zero the answer comes out zero? I guess that rule doesn't apply if your name is Obama or if you report the news for Reuters, ABC, CBS, NBC, CNN, AP, MSNBC or NY Times.

Facts:
1. Close to 40% of our population pay $0 in federal income taxes (not counting those that don't report their income to the IRS) and 100% of these will receive a check if this bailout is passed.

2. 97% of the federal income tax bill is paid by 50% of the taxpayers.