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Mitt Romney's plan revamping the tax code would end up cutting taxes for the richest 5 percent of Americans and raising taxes on everyone else, according to new independent study from the Brookings Institute and Tax Policy Center released Wednesday morning.
The study finds that Romney's plan would end up cutting taxes by about $87,000 on millionaires under a revenue-neutral model. The top 0.1 percent would see their after-tax revenue income rise by 4.4 percent. Meanwhile, the study estimates that the bottom 95 percent would see about 1.2 percent less after-tax income. They'll see taxes rise about $500, according to the study.
Read more: Mitt Romney's Tax Plan Would Cut Taxes For Rich, Raise For Middle Class: Study - Business Insider
While increasing them for everyone else.
Mitt Romney's plan revamping the tax code would end up cutting taxes for the richest 5 percent of Americans and raising taxes on everyone else, according to new independent study from the Brookings Institute and Tax Policy Center released Wednesday morning.
The study finds that Romney's plan would end up cutting taxes by about $87,000 on millionaires under a revenue-neutral model. The top 0.1 percent would see their after-tax revenue income rise by 4.4 percent. Meanwhile, the study estimates that the bottom 95 percent would see about 1.2 percent less after-tax income. They'll see taxes rise about $500, according to the study.
Read more: Mitt Romney's Tax Plan Would Cut Taxes For Rich, Raise For Middle Class: Study - Business Insider
The Romney camp has already called them "liberal outfits".
But when he was citing the exact same folks to attack Rick Perry..they were "independent".
Good for Romney. That's what we need.While increasing them for everyone else.
Mitt Romney's plan revamping the tax code would end up cutting taxes for the richest 5 percent of Americans and raising taxes on everyone else, according to new independent study from the Brookings Institute and Tax Policy Center released Wednesday morning.
The study finds that Romney's plan would end up cutting taxes by about $87,000 on millionaires under a revenue-neutral model. The top 0.1 percent would see their after-tax revenue income rise by 4.4 percent. Meanwhile, the study estimates that the bottom 95 percent would see about 1.2 percent less after-tax income. They'll see taxes rise about $500, according to the study.
Read more: Mitt Romney's Tax Plan Would Cut Taxes For Rich, Raise For Middle Class: Study - Business Insider
The Romney camp has already called them "liberal outfits".
But when he was citing the exact same folks to attack Rick Perry..they were "independent".
Who cares if it accelerates job formation?
A lot of economical thinkers think if we take care of business, that business will take care of us.
While increasing them for everyone else.
Mitt Romney's plan revamping the tax code would end up cutting taxes for the richest 5 percent of Americans and raising taxes on everyone else, according to new independent study from the Brookings Institute and Tax Policy Center released Wednesday morning.
The study finds that Romney's plan would end up cutting taxes by about $87,000 on millionaires under a revenue-neutral model. The top 0.1 percent would see their after-tax revenue income rise by 4.4 percent. Meanwhile, the study estimates that the bottom 95 percent would see about 1.2 percent less after-tax income. They'll see taxes rise about $500, according to the study.
Read more: Mitt Romney's Tax Plan Would Cut Taxes For Rich, Raise For Middle Class: Study - Business Insider
The Romney camp has already called them "liberal outfits".
But when he was citing the exact same folks to attack Rick Perry..they were "independent".
While increasing them for everyone else.
Mitt Romney's plan revamping the tax code would end up cutting taxes for the richest 5 percent of Americans and raising taxes on everyone else, according to new independent study from the Brookings Institute and Tax Policy Center released Wednesday morning.
The study finds that Romney's plan would end up cutting taxes by about $87,000 on millionaires under a revenue-neutral model. The top 0.1 percent would see their after-tax revenue income rise by 4.4 percent. Meanwhile, the study estimates that the bottom 95 percent would see about 1.2 percent less after-tax income. They'll see taxes rise about $500, according to the study.
Read more: Mitt Romney's Tax Plan Would Cut Taxes For Rich, Raise For Middle Class: Study - Business Insider
The Romney camp has already called them "liberal outfits".
But when he was citing the exact same folks to attack Rick Perry..they were "independent".
Obviously we're all shocked by this.
Who cares if it accelerates job formation?
A lot of economical thinkers think if we take care of business, that business will take care of us.
Who cares if it accelerates job formation?
A lot of economical thinkers think if we take care of business, that business will take care of us.
Who cares if it accelerates job formation?
A lot of economical thinkers think if we take care of business, that business will take care of us.
People like swallow only care about hurting those mean ol' rich people whom life dealt a better hand.
It just ain't fair, he figures!
Who cares if it accelerates job formation?
A lot of economical thinkers think if we take care of business, that business will take care of us.
People like swallow only care about hurting those mean ol' rich people whom life dealt a better hand.
It just ain't fair, he figures!
Who cares if it accelerates job formation?
A lot of economical thinkers think if we take care of business, that business will take care of us.
People like swallow only care about hurting those mean ol' rich people whom life dealt a better hand.
It just ain't fair, he figures!
A 3% increase in income over $250K isn't going to hurt them. Increasing the taxes on an average family by $2,000 a year WILL.
Who cares if it accelerates job formation?
A lot of economical thinkers think if we take care of business, that business will take care of us.
And when has it? We've been employing "trickle down" for 30 years now. Has it?
while increasing them for everyone else.
mitt romney's plan revamping the tax code would end up cutting taxes for the richest 5 percent of americans and raising taxes on everyone else, according to new independent study from the brookings institute and tax policy center released wednesday morning.
The study finds that romney's plan would end up cutting taxes by about $87,000 on millionaires under a revenue-neutral model. The top 0.1 percent would see their after-tax revenue income rise by 4.4 percent. Meanwhile, the study estimates that the bottom 95 percent would see about 1.2 percent less after-tax income. They'll see taxes rise about $500, according to the study.
Read more: mitt romney's tax plan would cut taxes for rich, raise for middle class: Study - business insider
the romney camp has already called them "liberal outfits".
But when he was citing the exact same folks to attack rick perry..they were "independent".
Democrat base needs to start paying their fair share
Romney's individual tax plan consists of five key bullet points, according to his campaign website:
- Make permanent, across-the-board 20 percent cut in marginal rates
- Maintain current tax rates on interest, dividends, and capital gains
- Eliminate taxes for taxpayers with AGI below $200,000 on interest, dividends, and capital gains
- Eliminate the Death Tax
- Repeal the Alternative Minimum Tax (AMT)
Democrat base needs to start paying their fair share
100% correct.
Right after the Republican base starts paying some fair wages.
I'm in favor of government getting out of the business of labor relations..
You?
