Give me liberty
03-02-2012, 12:47 AM
http://money.cnn.com/2012/03/01/news/economy/romney_tax_plan/index.htm?source=cnn_bin
Wealthy would cash in under Romney tax plan
Mitt Romney's new tax plan would mean lower taxes for most Americans. But some would benefit more than others.
According to a new analysis from the Tax Policy Center, wealthy Americans would see their taxes fall precipitously under Mitt Romney's new plan -- which scraps the Alternative Minimum Tax and cuts marginal tax rates by 20%.
Assuming the Bush tax cuts are extended, the Romney plan would give the top 1% of earners an average tax cut of $150,000, a 7.8% reduction in their average federal tax rate, according to the Tax Policy Center.
Americans in the middle 20% of income-earners would get an average tax cut of $810, a 1.4% tax rate reduction.
Comments on there are interesting.
Well, after all, Romney is the poster boy of the rich and corporate and he wants to cut his own taxes.............what a surprise!
Well well this is a currently a surprise well i guess not :rolleyes: and i cant believe people idiot people are still voting for him after all that, this needs to be spread while phoning from home send the voters this message.
Romney is for the rich wealthy class elites and doesn't care about the rest of us, his tax plan would benefit rich and not the middle class surely this will turn off Romney voters.
Wealthy would cash in under Romney tax plan
Mitt Romney's new tax plan would mean lower taxes for most Americans. But some would benefit more than others.
According to a new analysis from the Tax Policy Center, wealthy Americans would see their taxes fall precipitously under Mitt Romney's new plan -- which scraps the Alternative Minimum Tax and cuts marginal tax rates by 20%.
Assuming the Bush tax cuts are extended, the Romney plan would give the top 1% of earners an average tax cut of $150,000, a 7.8% reduction in their average federal tax rate, according to the Tax Policy Center.
Americans in the middle 20% of income-earners would get an average tax cut of $810, a 1.4% tax rate reduction.
Comments on there are interesting.
Well, after all, Romney is the poster boy of the rich and corporate and he wants to cut his own taxes.............what a surprise!
Well well this is a currently a surprise well i guess not :rolleyes: and i cant believe people idiot people are still voting for him after all that, this needs to be spread while phoning from home send the voters this message.
Romney is for the rich wealthy class elites and doesn't care about the rest of us, his tax plan would benefit rich and not the middle class surely this will turn off Romney voters.