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Saturday, March 3, 2012

Call Me F**KING Surprised - Romney’s Tax Plan Takes From the Poor, Gives to the Rich

A new non-partisan study has determined that Mitt Romney's tax plan "strongly favors the wealthiest Americans."

The analysis comes from the Tax Policy Center, who note that the bottom 20 percent of earners would see their taxes increase by 1.3 percent ($149) on average. Well, that doesn't sound too bad. But how are the super-rich fairing?
The top 20 percent, meanwhile, would see an average tax cut of $16,134 — a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.
Seriously?  I am living in a parallel universe? 

Every poll shows that even the rich, yes the rich even say it,should pay more taxes (well of course not all the self-indulgent assholes).

With record unemployment and people on food stamps, we need to give the rich a bigger tax break???

The Tax Policy Center also looked at how Romney's new tax plan would affect the deficit over the course of the next decade. The answer, it turns out, is "not so well."
According to the Tax Policy Center, Romney's plan would add $900 billion to the deficit in 2015, when the changes would go into full effect. The group has also found that the 20 percent tax cut, combined with Romney's proposal to repeal the Alternative Minimum Tax, would add $3 trillion to the deficit over ten years — even if the Bush-era tax cuts and more recent tax cuts are extended.

So the all important deficit issue of the GOP (cough, cough) is nothing but lies.  Deficits are good as long as the rich get richer, and a GOP is President.

Vein & Company?
And in case you're wondering how Obama's tax plan stacks up, the Tax Policy Center reveals that it "would increase taxes on the top 20 percent of earners by two percent while leaving taxes on other Americans essentially unchanged." Won't somebody think of the one percent?

Is there anyone who does not yet see why OWS does have a single, coherent message?

Soon the poor will having nothing left to eat except the rich.

1 comment:

  1. What a clown Romney is becoming.

    ReplyDelete