2012 Presidential Election (free for all edition)

[Slingin Sammy 33]

Originally Posted by NC_Skins

Study: Romney tax plan would result in cuts for rich, higher burden for others - The Washington Post






Crazy how you'll have the sheep lining up just to vote this guy in thinking he'll serve their best interest.


The biggest con job of all has been convincing the conservative poor/middle class people that giving tax breaks to the rich will somehow trickle down to them. I like to refer to these people as "inconvenienced millionaires". The conservative dream, to work hard, bust your ass so you will reach the top and bask in the wealth like they do. Biggest myth ever perpetrated in American history.

Crazy how sheep don't look into details of links they post. Embarrassing.

- By the way, even the Tax Policy Center admits that "we do not score Governor Romney's plan directly as certain components of his plan are not specified in sufficient detail." But no matter, the study plows ahead to analyze features of the Romney plan that aren't even in it.

- Campaign officials noted that one of the three authors, Adam Looney of Brookings, served as a senior economist on the Obama Council of Economic Advisers. The other two authors are Samuel Brown and William Gale, both of whom are affiliated with Brookings and the Tax Policy Center.

Here's an analysis of the study you cite: Review & Outlook: The Romney Hood Fairy Tale - WSJ.com

another: Flat-out lies on Romney's tax plan | WashingtonExaminer.com

Here are FACTS about Romney's proposal....not left-wing hack job crap:

Had the Tax Policy Center been more meticulous, it would have noticed the simple description of the Romney tax proposal on his website. After describing the damage that high top marginal rates do to small-business hiring, the site states that Romney's plan would:
• Make a 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 adjusted gross income below $200,000 on interest, dividends and capital gains
• Eliminate the death tax
• Repeal the Alternative Minimum Tax
Most fifth-graders could read this plan and see that it never once calls for raising taxes on anyone. Nor does the Romney tax plan call for giving tax cuts to high-income Americans before there are tax cuts for middle- and low-income Americans, as alleged by the TPC.
In fact, low-and middle-income earners would get tax cuts that upper-income Americans will not enjoy, such as a zero tax rate on income from dividends and long-term capital gains.