Am I the only one who can
see this? Here is how Romney and Ryan
have described their tax plan.
1.) 20% across the board
tax cut
2.) The cuts will be
revenue neutral
3.) The decrease in revenue
related to the 20% reduction in marginal rates will be paid for by eliminating
certain deductions and loopholes.
4.) This plan will result
in broadening the base thereby bringing in more revenue to the government
5.) The net effect is that
the wealthy will not pay lower taxes, it is expected that their taxes stay the
same.
Now, what does this plan
say to you?
1.) Broadening the tax base
- translation - Romney will get after the 47% that currently do not pay taxes.
2.) So, the middle and
lower income families, again, will need to make up the revenue loss of giving
the top 1% more tax advantages or at a minimum - protecting them.
Romney has proven to be a
fast talking used car salesman and so in the debate, if he is confronted with
his own words, he will deny that the top 1% will see a net decrease or no
increase in their taxes. He will
undoubtedly try to lie his way through the debate by saying the 1% will see
their taxes go up significantly. Ok
Willard the lying rat, how will raising taxes on the job creators, as you have
pointed out, help the economy grow?
No comments:
Post a Comment