It should not be needed for a liberal Democrat to link a Romney-Ryan campaign site. Still no one seems to want to bring up the lack of any kind of marketplace friendly "Lubricate, Then Stimulate" the economy kind of tax plan!
50% of income tax filers get nothing from Mitt or Ryan! MA-B-TU, "More Actually Bizzare Taxation Unclear," is what is proposed. Et Tu(?) is what would only come from an extension of the payroll tax holiday, which is already in place. More tax holidays do not fix Social Security. 2% is still 2% that is needed.
What is unclear is what the lower 50% of the income tax filers get? They currently have no federal income tax liability--at this time. What is the tax cut supposed to do?
From Mitt:
____________________________________
Individual Taxes
America’s individual tax code applies relatively high marginal tax rates on a narrow tax base. Those high rates discourage work and entrepreneurship, as well as savings and investment. With 54 percent of private sector workers employed outside of corporations, individual rates also define the incentives for job-creating businesses. Lower marginal tax rates secure for all Americans the economic gains from tax reform.
•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)
Corporate Taxes
The U.S. economy’s 35 percent corporate tax rate is among the highest in the industrial world, reducing the ability of our nation’s businesses to compete in the global economy and to invest and create jobs at home. By limiting investment and growth, the high rate of corporate tax also hurts U.S. wages.
•Cut the corporate rate to 25 percent
•Strengthen and make permanent the R&D tax credit
•Switch to a territorial tax system
•Repeal the corporate Alternative Minimum Tax (AMT)
___________________________________
There is no simple sociology anywhere in this plan!
Business will not invest if no one can buy what businesses make or offer for sale.
Romney-Ryan approach: At least they Get More To Hoard, Just like Reagan-Bush, and Bush-Cheney! Mostly the marketplace would fail, just like after Reagan-Bush, Just like during Bush-Cheney!
"Crow, James Crow: Shaken, Not Stirred!
(Young Brave shoot arrow into air: Cost-effective White Eyes set Anti-Missile Defense System into action, and activate NORAD too--Then put NATO on alert!)
50% of income tax filers get nothing from Mitt or Ryan! MA-B-TU, "More Actually Bizzare Taxation Unclear," is what is proposed. Et Tu(?) is what would only come from an extension of the payroll tax holiday, which is already in place. More tax holidays do not fix Social Security. 2% is still 2% that is needed.
What is unclear is what the lower 50% of the income tax filers get? They currently have no federal income tax liability--at this time. What is the tax cut supposed to do?
From Mitt:
____________________________________
Individual Taxes
America’s individual tax code applies relatively high marginal tax rates on a narrow tax base. Those high rates discourage work and entrepreneurship, as well as savings and investment. With 54 percent of private sector workers employed outside of corporations, individual rates also define the incentives for job-creating businesses. Lower marginal tax rates secure for all Americans the economic gains from tax reform.
•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)
Corporate Taxes
The U.S. economy’s 35 percent corporate tax rate is among the highest in the industrial world, reducing the ability of our nation’s businesses to compete in the global economy and to invest and create jobs at home. By limiting investment and growth, the high rate of corporate tax also hurts U.S. wages.
•Cut the corporate rate to 25 percent
•Strengthen and make permanent the R&D tax credit
•Switch to a territorial tax system
•Repeal the corporate Alternative Minimum Tax (AMT)
___________________________________
There is no simple sociology anywhere in this plan!
Business will not invest if no one can buy what businesses make or offer for sale.
Romney-Ryan approach: At least they Get More To Hoard, Just like Reagan-Bush, and Bush-Cheney! Mostly the marketplace would fail, just like after Reagan-Bush, Just like during Bush-Cheney!
"Crow, James Crow: Shaken, Not Stirred!
(Young Brave shoot arrow into air: Cost-effective White Eyes set Anti-Missile Defense System into action, and activate NORAD too--Then put NATO on alert!)
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